Wärtsilä: The sale of Ovako received relevant regulatory approvals

Wartsila Corporation
  • Stock exchange release
10 November 2006 at 2:01 AM E. Europe Standard Time

Wärtsilä Corporation Stock Exchange Release 10.11.2006 at 18.00 EET

Wärtsilä Corporation, Rautaruukki Corporation and AB SKF signed in July 2006 an agreement to sell the operating companies owned by Oy Ovako Ab to a company owned by the shareholders of Hombergh Holdings BV, WP de Pundert Ventures BV and Pampus Industrie Beteiligungen GmbH & Co. KG. The relevant regulatory approvals have now been received and the transaction is expected to close in November 2006.

Wärtsilä Corporation

Eeva Kainulainen                              Maj-Len Ek
VP, Corporate Communication         VP, Group Control



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