News: Metso Oyj (MEO1V.HE)

MEO1V.HE on Helsinki Stock Exchange

28.08EUR
5:53am EST
Change (% chg)

€-0.24 (-0.85%)
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€28.32
Open
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Volume
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€31.97
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Mon, Jan 26 2015

BRIEF-Metso buys IPR from Rexnord

Jan 26 - Metso Oyj : * says strengthens its complete offering for mining

UPDATE 1-Valmet buys automation business from Metso for $400 mln

* Shares in Valmet jump 6.7 pct (Adds analyst comments, share reaction)

Finland's Metso to sell process automation business for $400 mln

HELSINKI, Jan 15 - Finnish engineering company Metso said on Thursday it had agreed to sell its process automation business to Valmet in a deal valuing the division at 340 million euros ($400 million).

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