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News & Press: Headlines

Metso Selling Process Automation Systems Business to Valmet

Tuesday, January 20, 2015  
Metso Corporation and Valmet Corporation have entered into an agreement on the sale of Metso's Process Automation Systems business to Valmet. The enterprise value of the transaction is €340 million. The transaction, which is estimated to be closed by April 1, 2015, is subject to approval by competition authorities. Metso expects to book a significant capital gain after the closing. More...

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