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John Bean Technologies Granted Extension for Voluntary Takeover Offer for Marel hf. Shares to Accommodate Final Regulatory Reviews
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John Bean Technologies Granted Extension for Voluntary Takeover Offer for Marel hf. Shares to Accommodate Final Regulatory Reviews
Nov 3, 2024 3:01 PM

10:58 AM EDT, 10/30/2024 (MT Newswires) -- John Bean Technologies ( JBT ) said Wednesday it has extended the expiration of its voluntary takeover offer to acquire all outstanding shares of Marel hf.

The company said the Financial Supervisory Authority of the Central Bank of Iceland granted the extension to accommodate the regulatory reviews by the European Commission and Australian Competition and Consumer Commission.

Previously scheduled to expire Nov. 11, the offer will now expire Dec. 20, the company said.

Price: 114.56, Change: -0.23, Percent Change: -0.20

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