Flowserve, Velan Extend Outside Date Of Arrangement Agreement To October 7, 2023
Portfolio Pulse from Benzinga Newsdesk
Flowserve and Velan have extended the outside date of their arrangement agreement to October 7, 2023.
August 31, 2023 | 10:01 pm
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NEUTRAL IMPACT
Flowserve's arrangement agreement with Velan has been extended to October 7, 2023.
The extension of the arrangement agreement between Flowserve and Velan does not indicate any immediate financial impact, but it does show a continued partnership between the two companies. This could potentially lead to future financial benefits for Flowserve, but as of now, the impact is neutral.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100