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John Bean Technologies exceeds FY23 expectations with adjusted EPS of $4.05-$4.15, citing strong operational execution and revenue growth. The company plans a voluntary takeover offer for Marel hf, anticipating annual synergies of $125 million post-merger.
JBT €3.5B bid for Marel HF, setting the stage for an epic corporate battle. Get ready for a financial showdown!
Marel’s largest shareholder accepted the latest offer.
JBT's intention is to launch a voluntary takeover offer.
John Bean Technologies Corporation has made a second attempt to acquire Marel by increasing its offer, implying an enterprise value of EUR 3.4 billion.