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Metso Minerals completed its reverse merger acquisition of Outotec, forming Metso Outotec. Metso shareholders received 4.3 Outotec shares per Metso share, owning approximately 78% of the combined company. Metso Corporation was renamed Neles Corporation.
“Metso Minerals and Outotec will combine and the combined company, comprising Metso Minerals and Outotec (but excluding Metso Flow Control), will be named 'Metso Outotec'.”marketscreener.com
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