The Board of WÃ¤rtsilÃ¤ confirms no ongoing discussions with Rolls-Royce
WÃ¤rtsilÃ¤ Corporation, Company announcement, 9 January 2014 at 09.00 am EET
WÃ¤rtsilÃ¤ Corporation notes the recent speculation about a potential transaction
between Rolls-Royce Plc and WÃ¤rtsilÃ¤.
We confirm the approach by Rolls-Royce with a preliminary proposal for a
possible offer for the company. In case the company receives such proposals, the
WÃ¤rtsilÃ¤ Board has an obligation to evaluate such proposals.
However, we confirm that there are no longer ongoing discussions with Rolls-
The WÃ¤rtsilÃ¤ Board of Directors
Executive Vice President, Communications & Branding
Tel: +358 10 709 5599
WÃ¤rtsilÃ¤ in brief
WÃ¤rtsilÃ¤ is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, WÃ¤rtsilÃ¤ maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2012, WÃ¤rtsilÃ¤'s net sales
totalled EUR 4.7 billion with approximately 18,900 employees. The company has
operations in nearly 170 locations in 70 countries around the world. WÃ¤rtsilÃ¤ is
listed on the NASDAQ OMX Helsinki, Finland.
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Source: WÃ¤rtsilÃ¤ Oyj Abp via GlobeNewswire