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Metso Oyj Considers Possible Demerger
Metso Oyj announced that its Board of Directors of Metso Corporation has decided to commence a process to study the potential separation of the Company's Pulp, Paper and Power businesses into a new company, which would be listed on the NASDAQ OMX Helsinki stock exchange. Metso's current Mining and Construction and Automation businesses would remain in the current Company after the possible separation. The contemplated transaction would be designed to help the two companies to capitalize on their strengths in their respective markets faster and more efficiently. The Metso Board aims to finalize the study process and announce further details about the possible separation by the end of the second quarter of 2013.
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