- Finland's Metso (OTCQX:MXCYY) has confirmed a report that it has received an approach from Scottish peer Weir (OTCPK:WEIGF) about a possible merger.
- Metso is considering Weir's proposal, although the companies aren't in talks and nor have they held them.
- The U.K.'s Times newspaper reported earlier that that companies are in discussions about an £8.5B ($14.17B) deal. (PR)