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Outotec and Metso receive approvals for merge

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Global Mining Review,

Outotec Oyj and Metso Corp. have received all regulatory approvals for the combination of Outotec and Metso Minerals. The completion is expected to take place on 30 June 2020.

Outotec Oyj and Metso Corp. have now received the remaining outstanding competition clearances for the combination of Metso’s Minerals business with Outotec through a partial demerger of Metso.

Having received all the required regulatory and other approvals, including competition clearances, the regulatory condition for the completion of the combination has now been fully satisfied. In line with previous announcements, the completion of the combination is expected to take place on 30 June 2020.

The name of the combined company will change to Metso Outotec Corp. Outotec will separately make a disclosure on the completion of the combination.

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