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Alfa Laval AB (ALFA.ST)

ALFA.ST on Stockholm Stock Exchange

219.80SEK
26 Nov 2020
Change (% chg)

2.10kr (+0.96%)
Prev Close
217.70kr
Open
217.70kr
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219.90kr
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216.90kr
Volume
785,940
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1,077,354
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260.50kr
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145.90kr

Latest Key Developments (Source: Significant Developments)

Preliminary Result Of Alfa Laval’s Recommended Public Tender Offer For All Shares In Neles
Monday, 2 Nov 2020 

Nov 2 (Reuters) - Alfa Laval AB ::PRELIMINARY RESULT OF ALFA LAVAL’S RECOMMENDED PUBLIC TENDER OFFER FOR ALL SHARES IN NELES.ACCORDING TO PRELIMINARY RESULT OF TENDER OFFER, SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN IN TENDER OFFER REPRESENT, ABOUT 33% OF ALL ISSUED AND OUTSTANDING SHARES AND VOTES IN NELES.IF FINAL RESULT CONFIRMS THAT NUMBER OF SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN IN TENDER OFFER, TOGETHER WITH SHARES OTHERWISE ACQUIRED BY OFFEROR, REMAINS AT SAME LEVEL, CO WILL NOT COMPLETE TENDER OFFER.WILL CONFIRM AND ANNOUNCE FINAL RESULT OF TENDER OFFER ON OR ABOUT 4 NOVEMBER 2020.IF FINAL RESULT CONFIRMS SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN REPRESENT, TOGETHER WITH SHARES OTHERWISE ACQUIRED BY OFFEROR, MORE THAN 50% IN NELES, OFFEROR WILL COMPLETE OFFER.  Full Article

Alfa Laval Amends Its Recommended Offer For Neles
Thursday, 15 Oct 2020 

Oct 15 (Reuters) - Alfa Laval AB ::ALFA LAVAL AMENDS ITS RECOMMENDED OFFER FOR NELES: ACCEPTANCE LEVEL CONDITION LOWERED TO >50% AND ACCEPTANCE PERIOD EXTENDED.DECIDED TO EXTEND OFFER PERIOD TO EXPIRE ON 30 OCTOBER 2020 AT 4:00 P.M..TERMS AND CONDITIONS OF TENDER OFFER REMAIN UNCHANGED IN ALL OTHER RESPECTS.  Full Article

Alfa Laval Wins SEK 130 Mln Energy Deals In China And Mexico
Wednesday, 14 Oct 2020 

Oct 14 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 130 MILLION ENERGY EFFICIENCY ORDERS IN CHINA AND MEXICO.ALFA LAVAL WINS SEK 130 MILLION ENERGY EFFICIENCY ORDERS IN CHINA AND MEXICO.ORDERS HAVE A COMBINED TOTAL VALUE OF APPROXIMATELY SEK 130 MILLION AND WERE BOOKED LATE SEPTEMBER IN WELDED HEAT EXCHANGERS UNIT OF ENERGY DIVISION.DELIVERIES ARE SCHEDULED FOR 2021 AND 2022..HAS WON TWO ORDERS TO SUPPLY COMPACT HEAT EXCHANGERS TO A PETROCHEMICAL PLANT IN CHINA AND A REFINERY IN MEXICO.  Full Article

Valmet Says Combined Valmet And Neles Would Be A Global Leader Serving Process Industries
Tuesday, 29 Sep 2020 

Sept 29 (Reuters) - Valmet analyst and media call::SAYS VALMET AND NELES COMBINED WOULD BE A NORDIC-BASED GLOBAL LEADER SERVING PROCESS INDUSTRIES.SAYS COMBINED VALMET AND NELES COULD GROW THEIR AUTOMATION BUSINESS.  Full Article

Alfa Laval Wins SEK 155 Mln Off-Shore Orders In Brazil
Monday, 14 Sep 2020 

Sept 14 (Reuters) - Alfa Laval AB ::ALFA LAVAL WINS SEK 155 MILLION OFF-SHORE ORDERS IN BRAZIL.ORDERS HAVE A TOTAL VALUE OF APPROXIMATELY SEK 155 MILLION AND ARE BOOKED IN PUMPING SYSTEMS UNIT OF MARINE DIVISION, WITH DELIVERIES SCHEDULED FOR 2021.TWO ORDERS COMPRISE MARINE PUMPING SYSTEMS FOR FIREWATER AND SEA WATER LIFT SERVICE.  Full Article

Neles Oyj - Valmet's Total Holding In Neles Shares And In Financial Instruments Entitling To Shares Exceeded 25% Threshold
Tuesday, 8 Sep 2020 

Sept 8 (Reuters) - Neles Oyj ::NELES OYJ - VALMET'S TOTAL HOLDING IN NELES SHARES AND IN FINANCIAL INSTRUMENTS ENTITLING TO SHARES EXCEEDED 25% THRESHOLD.NELES OYJ - AFTER TRANSACTION, VALMET'S HOLDING AMOUNTS TO 37,135,145 SHARES, OR 25.11% OF NELES' SHARES AND VOTES.  Full Article

Alfa Laval Starts Public Cash Tender Offer For Neles
Wednesday, 12 Aug 2020 

Aug 12 (Reuters) - Alfa Laval AB ::ALFA LAVAL COMMENCES THE RECOMMENDED PUBLIC CASH TENDER OFFER FOR ALL SHARES IN NELES ON 13 AUGUST 2020.FINNISH FINANCIAL SUPERVISORY AUTHORITY TODAY APPROVED FINNISH LANGUAGE VERSION OF TENDER OFFER DOCUMENT RELATING TO TENDER OFFER.  Full Article

Neles: Statement Of Board Regarding Recommended Voluntary Public Cash Tender Offer By Alfa Laval
Wednesday, 12 Aug 2020 

Aug 12 (Reuters) - Neles Oyj ::STATEMENT OF THE BOARD OF DIRECTORS OF NELES CORPORATION REGARDING THE RECOMMENDED VOLUNTARY PUBLIC CASH TENDER OFFER BY ALFA LAVAL AB (PUBL).BOARD OF DIRECTORS CONSIDERS THAT TENDER OFFER AND AMOUNT OF OFFER PRICE ARE, UNDER PREVAILING CIRCUMSTANCES, FAIR TO SHAREHOLDERS OF NELES.OFFER PRICE IS EUR 11.50 IN CASH FOR EACH SHARE IN NELES VALIDLY TENDERED INTO TENDER OFFER.MEMBERS OF BOARD OF DIRECTORS WHO PARTICIPATED IN DECISION-MAKING UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS OF NELES ACCEPT TENDER OFFER.  Full Article

Alfa Laval Q2 Adjusted EBITA At SEK 1.80 Bln
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Alfa Laval AB ::Q2 ORDER INTAKE WAS UNCHANGED* AT SEK 9,749 (10,025) MILLION.Q2 NET SALES DECREASED BY 6 PERCENT* TO SEK 10,455 (11,339) MILLION.."WE EXPECT DEMAND IN Q3 TO BE SOMEWHAT LOWER THAN IN Q2.".Q2 ADJUSTED EBITA**: SEK 1,802 (1,870) MILLION..REFINITIV POLL: Q2 REVENUE SEEN AT SEK 9.43 MILLION, Q2 EBITA SEEN AT SEK 1.35 MILLION."“ORDER INTAKE IN THE SECOND QUARTER WAS ON ABOUT THE SAME LEVEL AS LAST YEAR, DESPITE THE MARKET SITUATION BEING CHALLENGING IN MANY AREAS" CEO.  Full Article

Valmet Comments On Alfa Laval’s Tender Offer For Neles’ Shareholders
Monday, 13 Jul 2020 

July 13 (Reuters) - Valmet Oyj ::VALMET’S COMMENT ON ALFA LAVAL’S TENDER OFFER FOR NELES’ SHAREHOLDERS.VALMET DOES NOT CONSIDER ALFA LAVAL'S TENDER OFFER TO BE BENEFICIAL FOR NELES. VALMET WILL CONTINUE AS AN ACTIVE SHAREHOLDER OF NELES," SAYS PASI LAINE, PRESIDENT AND CEO OF VALMET..VALMET SEES A GOOD AMOUNT OF VALUE IN NELES AND WITH PREVIOUSLY ANNOUNCED SHARE ACQUISITION OUR TARGET IS TO PARTICIPATE IN DEVELOPING COMPANY FURTHER.  Full Article

Valmet seeks merger with Neles, challenging Alfa Laval

STOCKHOLM Finland's Valmet has approached valves maker Neles with a merger proposal, challenging a $2 billion bid that Neles' board recommended from Swedish engineering group Alfa Laval in July.