Final result of Alfa Laval’s recommended public tender offer for all shares in Neles; Alfa Laval will not complete the tender offer
2020-11-05
As previously announced, Alfa Laval AB (publ) (“Alfa Laval” or the “Offeror”) and Neles Corporation (“Neles”) have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the “Tender Offer”). The acceptance period under the Tender Offer commenced on 13 August 2020 at 9:30 a.m. (Finnish time) and expired on 30 October 2020 at 4:00 p.m. (Finnish time).