Metso rejects Sandvik merger report


Staff reporter

Finland’s Metso has dismissed “market rumours” about a tie-up with Sandvik’s mining business following a report in a Swedish newspaper on the weekend.

“Market rumours have been made public regarding Metso and Swedish Sandvik’s mining business. Metso has no information related to the speculations and no related insider project exists,” the company said.

Sandvik Mining and Rock Solutions and the smaller Sandvik Rock Processing Solutions are both part of Stockholm-listed Sandvik AB.

Dagens Industri reported on Sunday a possible merger was supported by Metso shareholders.

 

Leave a Reply

Not registered? Register Now

Powered By MemberPress WooCommerce Plus Integration