SOURCE: Metso Corporation

November 28, 2008 02:37 ET

Metso Discontinues Study on Structural Options

HELSINKI, FINLAND--(Marketwire - November 28, 2008) -


Metso Corporation's Company release on November 28, 2008 at 9:00 a.m.

Metso announced on August 22, 2008 the initiation of a study, with Goldman Sachs as advisor, to assess value-enhancing opportunities, including structural options.

Given the significant change in the world economic outlook since the August announcement and the prevailing financial market turbulence, Metso's Board of Directors has decided to discontinue the study on structural options. Naturally, Metso's board and management will continue to look for value enhancing opportunities in the normal course of business.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com


Further information for the press, please contact:

Jorma Eloranta, President and CEO, Metso Corporation, tel. +358 204 84 3000

Further information for investors, please contact:

Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 40 530 0778


This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Contact Information

  • Further information for the press, please contact:

    Jorma Eloranta
    President and CEO
    Metso Corporation
    tel. +358 204 84 3000

    Further information for investors, please contact:

    Johanna Sintonen
    Vice President, Investor Relations
    Metso Corporation
    tel. +358 40 530 0778