ÅF to acquire Pöyry for EUR 611 million

ÅF AB and Pöyry PLC have signed an agreement to combine, with ÅF launching a recommended public cash tender offer to purchase all shares in Pöyry at EUR 10.20 per share, valuing Pöyry at EUR 611 million.

“ÅF and Pöyry have signed an agreement to combine the two companies to form a leading European engineering and consulting company.”view.news.eu.nasdaq.com

• 2 sources
• view.news.eu.nasdaq.comÅF and Pöyry to join forces – forming a leading European engineering and consulting companyDec 10, 2018
• afry.comÅF AB (publ) commences the voluntary recommended public cash tender offer for all shares in Pöyry PLC on December 20, 2018 | AFRYAfryDec 19, 2018

Summarized from public sources; check the original articles before acting on it.