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Market Closed -
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5-day change | 1st Jan Change | ||
| 473.2 SEK | +1.09% |
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+12.35% | +17.30% |
| Apr. 25 | ALFA LAVAL : Off to a solid start, but we reiterate caution amid lofty valuations |  |
| Apr. 25 | Alfa Laval AB Approves Dividend, Payable on May 3, 2024 | CI |
Finnish engineering company Valmet has increased its stake in Neles to 17.06% from 15.5%, the Neles shareholder registry showed on Tuesday, strengthening its hand in opposing Alfa Laval's bid for the valve maker.
Sweden's Alfa Laval last month announced a recommended 1.73 billion euro (1.5 billion pounds) cash bid for Neles, seeking to boost its presence in the industrial flow-control market.
Valmet criticised the offer and said it was not in the interest of Neles or its shareholders.
(Reporting by Anne Kauranen; Editing by David Goodman)
| 1st Jan change | Capi. | |
|---|---|---|
| +17.30% | 17.74B | |
| +11.73% | 80.77B | |
| +20.17% | 70.55B | |
| +20.89% | 37.13B | |
| +15.77% | 31.58B | |
| +9.19% | 27.09B | |
| +3.18% | 26.83B | |
| +4.22% | 25.6B | |
| +16.93% | 24.96B | |
| +17.14% | 24.61B |
ALFA LAVAL AB 
