Flowserve and Velan extend outside date of arrangement agreement to October 7, 2023

Flowserve and Velan extended the outside date of their February 2023 arrangement agreement by 30 days to October 7, 2023, because regulatory approvals were not yet all obtained.

“Velan and Purchaser have given written notices to each other that they each wish to extend the Outside Date for an additional 30 days to October 7, 2023.”businesswire.com

• 3 sources
• businesswire.comFlowserve and Velan Extend the Outside Date of their Arrangement AgreementAug 31, 2023
• markets.chroniclejournal.comFlowserve Announces French Regulatory Rejection of Velan TransactionOct 5, 2023
• reuters.comFrance blocks US takeover of Canada-owned French nuclear valve makers | ReutersOct 6, 2023

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