Seeking Alpha

Times: Scotland's Weir in talks over £8.5B merger with Finnish rival

  • Scottish engineering firm Weir Group is in informal talks with Finland's Metso (MXCYY) about a merger valued at £8.5B ($14.17B), the U.K. Times newspaper reports.
  • The deal would bring together two companies that operate in the market for industrial pumps and valves for the energy and mining markets. Weir is already doing particularly well from the fracking boom.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|