Metso to acquire full ownership of MW Power joint venture from Wärtsilä

Metso has agreed to acquire Wärtsilä's 40% stake in the MW Power joint venture, giving Metso full ownership. The transaction is subject to EU competition authority approval.

“In the future, Metso will develop MW Power's business as part of its comprehensive power generation solutions offering for the international market.”manufacturing-journal.net

• 3 sources
• manufacturing-journal.netMetso to acquire full ownership of the MW Power joint ventureSuper UserApr 9, 2020
• australianmining.com.auMetso, Outotec stride towards merger - Australian MiningVanessa ZhouMay 14, 2020
• processonline.com.auEU Commission grants clearance of Metso-Outotec mergerMay 15, 2020

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