JBT Corporation To Acquire Marel hf via Voluntary Takeover Offer
April 5, 2024
JBT Corporation executed a definitive transaction agreement with Marel hf to acquire all outstanding Marel shares through a voluntary takeover offer. The offer is subject to regulatory approvals and shareholder tendering, and JBT expects to close by the end of 2024 (later extended to accommodate EU and Australian regulatory reviews).
- Buyers
- JBT Corporation
- Targets
- Marel hf
- Industry
- IT Services
- Location
- Iceland
- Transaction Type
- Buyout
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