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Wärtsilä Oyj Abp — M&A Activity 2014
Jan 9, 2014
3248_rns_2014-01-09_b1d69f19-d921-47b5-b954-4ee9d496d2e5.html
M&A Activity
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The Board of Wärtsilä confirms no ongoing discussions with Rolls-Royce
The Board of Wärtsilä confirms no ongoing discussions with Rolls-Royce
Wärtsilä Corporation, Company announcement, 9 January 2014 at 09.00 am EET
Wärtsilä Corporation notes the recent speculation about a potential transaction
between Rolls-Royce Plc and Wärtsilä.
We confirm the approach by Rolls-Royce with a preliminary proposal for a
possible offer for the company. In case the company receives such proposals, the
Wärtsilä Board has an obligation to evaluate such proposals.
However, we confirm that there are no longer ongoing discussions with Rolls-
Royce.
The Wärtsilä Board of Directors
Contact information:
Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel: +358 10 709 5599
[email protected]
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2012, Wärtsilä's net sales
totalled EUR 4.7 billion with approximately 18,900 employees. The company has
operations in nearly 170 locations in 70 countries around the world. Wärtsilä is
listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com
[HUG#1753609]