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The Finnish Financial Supervisory Authority has approved the merger prospectus for the combination of Cargotec Corporation and Konecranes Plc through a statutory absorption merger, where Konecranes will be merged into Cargotec. Shareholders of Konecranes will receive Cargotec shares as consideration. The merger is subject to shareholder approval at extraordinary general meetings on 18 December 2020.
“The Finnish Financial Supervisory Authority has approved the merger prospectus concerning the combination of Cargotec Corporation and Konecranes Plc.”hiab.com
Summarized from public sources; check the original articles before acting on it.