JBT Corporation Announces Expiration of the Voluntary Takeover Offer for All Marel hf. Shares and Satisfaction of the Minimum Acceptance Condition
John Bean Technologies Corporation (JBT)
Last john bean technologies corporation earnings: 4/29 04:29 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that JBT’s voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel) expired on December 20, 2024, at 12:00 PM GMT.JBT has now satisfied all conditions to the offer, including the minimum acceptance condition with at least 90 percent of all issued and outstanding shares of Marel having been validly tendered in the offer. Further information regarding the final result of the offer, including the number of shares tendered, will be disclosed in JBT’s upcoming 8-K filing. JBT will complete the offer in accordance with its terms given the minimum acceptance conditions and other required conditions have been met.“Today marks the final major milestone in combining JBT and Marel to form a leading food and beverage process company,” said Brian Deck, President and Chief Executive
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JBT
News
- John Bean Technologies Co. (NYSE: JBT) is now covered by analysts at CJS Securities. They set an "outperform" rating on the stock.MarketBeat
- John Bean's Stock Price Hits 52-Week High: What's Aiding It? [Yahoo! Finance]Yahoo! Finance
- John Bean Technologies Co. (NYSE: JBT) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $130.00 price target on the stock.MarketBeat
- At US$126, Is John Bean Technologies Corporation (NYSE:JBT) Worth Looking At Closely? [Yahoo! Finance]Yahoo! Finance
- JBT Corporation Announces Webcast to Further Discuss the Planned Combination with Marel hf. Prior to Expiration of the Voluntary Takeover OfferBusiness Wire
JBT
Earnings
- 10/22/24 - Beat
JBT
Sec Filings
- 12/20/24 - Form 425
- 12/20/24 - Form 8-K
- 12/18/24 - Form 424B3
- JBT's page on the SEC website