Not another Metso story!

Here's an interesting snippet I recently picked up about Weir Group's attempt to "merge" with Finnish company Metso.

Good sources have told me the maximum price Weir Group is willing to pay for Metso is EURO 28 a share.

When Weir Group revealed the details of its £8.5 billion all-share takeover proposal earlier this month the FTSE 100 company said it had offered 0.8400 shares for every Metso share, which back then worked out at EURO 25.70 a share...

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Date: Wednesday, 30 April 2014, 11:58 pm

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