Atlas Copco AB (ATCOa.ST)
26 May 2017
HELSINKI, May 3 Finland's mining equipment maker Metso on Wednesday appointed Nico Delvaux as chief executive from Swedish rival Atlas Copco to lead growth plans after years of restructuring and weak demand.
* Sees improving demand in Q2 (Adds background, detail, shares, CEO comment)
STOCKHOLM Sweden's Atlas Copco said it would split into two listed companies in 2018, forming an industrial business and a separate mining and civil engineering firm whose equity would be distributed to the same shareholders.
* Company insider Rahmstrom appointed new CEO (Adds new comments from Chairman, analysts, updates background details)
* Investor supports Atlas Copco's proposal to split the group