Jul 17, 2020 / 12:30PM GMT
Pekka Rouhiainen - Valmet Oyj - Director of IR
Okay. Good afternoon, and welcome, everybody, to this news conference call regarding Valmet's acquisition of the minority share in the future Neles that we announced today. My name is, Pekka, and I'm the Head of Investor Relations here at Valmet, and with me in the studio are Pasi Laine, Valmet's President and CEO; and Kari Saarinen, CFO.
So today's agenda is so that Pasi will first go through the strategic rationale of the share acquisition and some details regarding the transaction. And after that, we open for questions through the telephone lines, and Kari is then available for questions here as well.
But Pasi, please go ahead.
Pasi Kalevi Laine - Valmet Oyj - President & CEO
Thank you, Pekka. It's Pasi talking. So the news is that Valmet acquires 14.9% ownership in the future Neles. So Valmet has today agreed to acquire 22,674,869 (sic) [22,374,869] shares in the future Neles from Solidium Oy. The shares to be acquired represent 14.88% of the Neles' shares and votes. Neles Corporation,
Valmet Oyj to Acquire 14.9% Ownership in the future Neles Corp Call Transcript
Feb 15, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers