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John Bean Technologies Plans Voluntary Takeover of Marel hf.
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John Bean Technologies Plans Voluntary Takeover of Marel hf.

John Bean Technologies (JBT) has released an update to notify the public and investors about a regulation fd disclosure.

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John Bean Technologies Corporation announced its intention to launch a voluntary takeover offer for all shares of Marel hf. and provided preliminary unaudited financial results for 2023, along with guidance for 2024. The company also issued a notice of intention in compliance with Icelandic law and clarified that the relevant information is not considered “filed” under U.S. securities laws. The report is not an offer of securities in the U.S. or any jurisdiction where it would be unlawful. U.S. shareholders were advised of the differences in takeover laws between Iceland and the U.S., and JBT will comply with U.S. tender offer rules. Relevant documents, including a potential proxy statement/prospectus, will be filed with the SEC and made available to shareholders, who are urged to read them carefully for important information.

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