Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Alfa Laval AB    ALFA   SE0000695876

ALFA LAVAL AB

(ALFA)
  Report
Delayed Quote. Delayed NASDAQ OMX STOCKHOLM - 11/27 11:29:44 am
222.3 SEK   +1.14%
11/26ALFA LAVAL : CMD 2020 Tom Erixon_.
PU
11/26ALFA LAVAL : CMD 2020 Jan Allde_.
PU
11/25ALFA LAVAL : Capital Markets Day – the growth journey ahead
PU
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Alfa Laval : has received all necessary regulatory approvals for the recommended public cash tender offer for all shares in Neles

10/28/2020 | 09:11am EST

As previously announced, Alfa Laval AB (publ) ('Alfa Laval') and Neles Corporation ('Neles') have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the 'Tender Offer').

Alfa Laval has published a tender offer document, dated 12 August 2020, concerning the Tender Offer (the 'Tender Offer Document').

Alfa Laval has received all necessary regulatory approvals for the recommended public cash tender offer for all shares in Neles

Alfa Laval AB (publ), 27 October 2020 at 3:00 p.m. CET

As previously announced, Alfa Laval AB (publ) ('Alfa Laval') and Neles Corporation ('Neles') have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the 'Tender Offer'). Alfa Laval has published a tender offer document, dated 12 August 2020, concerning the Tender Offer (the 'Tender Offer Document').

Alfa Laval announces that it has obtained all regulatory approvals it considers necessary for the completion of the Tender Offer, and the condition to completion of the Tender Offer concerning the receipt of necessary regulatory approvals has thus been satisfied.

Alfa Laval will supplement the Tender Offer Document to reflect the satisfaction of the condition to completion of the Tender Offer concerning the receipt of necessary regulatory approvals and will publish such supplement document once it has been approved by the Finnish Financial Supervisory Authority. The completion of the Tender Offer is still subject to certain other conditions being fulfilled or waived by Alfa Laval on or by the date of Alfa Laval's announcement of the final result of the Tender Offer. These include, among others, that the Tender Offer has been accepted with respect to shares representing, together with shares otherwise acquired by Alfa Laval prior to or during the acceptance period under the Tender Offer, more than fifty percent (50%) of the issued and outstanding shares and votes in Neles.

The acceptance period under the Tender Offer commenced on 13 August 2020 at 9:30 a.m. (Finnish time) and will expire on 30 October 2020 at 4:00 p.m. (Finnish time), unless extended in accordance with the terms and conditions of the Tender Offer and applicable laws and regulations. In the Tender Offer, Neles' shareholders are offered a cash consideration of EUR 11.50 for each issued and outstanding share in Neles. According to the supplement to the statement by the Board of Directors of Neles on the Tender Offer published by Neles on 19 October 2020, the members of the Board of Directors of Neles who participated in the decision-making continue to unanimously recommend that the shareholders accept the Tender Offer.

Contact:

Johan Lundin

Tel: +46730463090

Email: johan.lundin@alfalaval.com

About Alfa Laval

Alfa Laval is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress - always going the extra mile to support customers in achieving their business goals and sustainability targets.

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It's all about Advancing better.

Alfa Laval has 17,500 employees. Annual sales in 2019 were SEK 46.5 billion (approx. EUR 4.4 billion). The company is listed on Nasdaq OMX.

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
ALFA LAVAL AB 1.14% 222.3 Delayed Quote.-5.77%
NELES OYJ 0.55% 10.93 Delayed Quote.5.82%
All news about ALFA LAVAL AB
11/26ALFA LAVAL : CMD 2020 Tom Erixon_.
PU
11/26ALFA LAVAL : CMD 2020 Jan Allde_.
PU
11/25ALFA LAVAL : Capital Markets Day – the growth journey ahead
PU
11/25ALFA LAVAL : Capital Markets Day - the growth journey ahead
AQ
11/25ALFA LAVAL : CMD 2020 Jan Allde.
PU
11/25ALFA LAVAL : CMD 2020 Tom Erixon.
PU
11/23ALFA LAVAL : New Alfa Laval CM wireless condition monitor boosts process uptime ..
PU
11/23ALFA LAVAL : Start-up of Alfa Laval's new brazed heat exchanger factory paves th..
PU
11/19ABB division attracts interest from industry buyers -sources
RE
11/19ALFA LAVAL : launches marine system for reduction of greenhouse gases
AQ
More news
Financials
Sales 2020 41 692 M 4 909 M 4 909 M
Net income 2020 4 495 M 529 M 529 M
Net Debt 2020 1 118 M 132 M 132 M
P/E ratio 2020 20,7x
Yield 2020 2,31%
Capitalization 93 245 M 10 978 M 10 980 M
EV / Sales 2020 2,26x
EV / Sales 2021 2,17x
Nbr of Employees 16 921
Free-Float 70,9%
Chart ALFA LAVAL AB
Duration : Period :
Alfa Laval AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALFA LAVAL AB
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 224,00 SEK
Last Close Price 222,30 SEK
Spread / Highest target 24,2%
Spread / Average Target 0,76%
Spread / Lowest Target -21,3%
EPS Revisions
Managers
NameTitle
Tom Erixon President & Chief Executive Officer
Dennis Jönsson Chairman
Mikael Tyden President-Operations Division
Jan Allde Chief Financial Officer
Finn Anders Egil Rausing Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALFA LAVAL AB-5.77%10 978
W.W. GRAINGER,INC.22.47%22 250
DOVER CORPORATION7.69%17 852
SNAP-ON4.49%9 596
PENTAIR PLC15.76%8 833
THE WEIR GROUP PLC11.76%5 834