Valmet Buys Automation Business From Metso for USD 400 Million
January 15, 2015 Finland’s Valmet, a maker of pulp and paper production machines, is buying a process automation systems business from engineering group Metso for EUR 340 million (USD 397 million). Valmet shares jumped 6.7 percent to EUR 10.78 by 1330 GMT, with some analysts saying it had got a......