John Bean Receives Regulatory Clearances for Marel Acquisition
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John Bean Technologies (JBT) has received the necessary regulatory clearances to proceed with its acquisition of Marel, with the deal expected to close by January 3, 2025.
November 28, 2024 | 5:30 pm
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John Bean Technologies has obtained regulatory approval for its acquisition of Marel, with the transaction expected to finalize by January 3, 2025.
The regulatory clearance is a significant step forward in JBT's acquisition of Marel, indicating a positive development for the company. This clearance reduces uncertainty and is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on JBT's stock price.
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