Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
ÅF Consult places EUR 611m public cash offer for Pöyry
December 10, 2018

ÅF Consult has placed a public cash offer to acquire all shares in Finnish-based Pöyry. Pöyry is a Finnish counterpart to ÅF and the background of the offer is, by a combination of the parties, to create a leading European engineering and consulting firm. The combined company will be named ÅF-Pöyry. The current major shareholders recommend the offer to the remaining shareholders. Pöyry reported a turnover of EUR 553m and EBITDA of EUR 47.9m the LTM, corresponding to an EV/EBITDA multiple of 12.8x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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