# 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.

- Type: Acquisition
- Announced: 2018-12-10
- Where: Finland
- Value: $695.0M (611.0M EUR)
- Status: announced
- Products: engineering services, consulting services

## Companies

- [Pöyry](https://endata.com/companies/610.md) (target)
- [ÅF](https://endata.com/companies/17368.md) (acquirer)

## Sources

- [view.news.eu.nasdaq.com](https://view.news.eu.nasdaq.com/view?id=bb9ba85f3b03237e5e3adc0c770d5db5d&lang=en), 2018-12-10: "ÅF and Pöyry have signed an agreement to combine the two companies to form a leading European engineering and consulting company."
- [afry.com](https://afry.com/en/newsroom/press-releases/af-ab-publ-commences-voluntary-recommended-public-cash-tender-offer-all), 2018-12-19: "The offer period for the Tender Offer will commence on December 20, 2018 at 9:30 a.m. (Finnish time) and expire on January 31, 2019 at 4:30 p.m. (Finnish time)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.