Valve Industry Buyers Guide
Print Page   |   Your Cart   |   Sign In   |   Register
Community Search
News & Press: Headlines

Alfa Laval Agrees to Purchase Neles for Approximately $2 Billion

Tuesday, July 14, 2020  
Share |
Swedish company Alfa Laval AB and Neles Corporation have entered into a combination agreement pursuant to which Alfa Laval will make a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles that are not held by Neles or any of its subsidiaries. In the tender offer, Neles’ shareholders will be offered a cash consideration of 11.50 euros for each issued and outstanding share in Neles, valuing Neles’ total equity at approximately 1,727,000,000 euros ($1.97 billion). More...

more Calendar

8/6/2020 » 9/7/2020
2020 HI/VMA Virtual Market Outlook Event

9/9/2020 » 9/11/2020
2020 VMA Virtual Annual Meeting

Association Management Software Powered by YourMembership  ::  Legal