June 10 (Reuters) - Metso Oyj METSO.HE :
* REG-METSO TO ACCELERATE GROWTH IN AGGREGATES WITH THE ACQUISITION OF MCCLOSKEY
* REG-METSO TO ACCELERATE GROWTH IN AGGREGATES WITH THE ACQUISITION OF MCCLOSKEY
* CLOSING IS EXPECTED TO TAKE PLACE DURING Q4 2019.
* HAS SIGNED AN AGREEMENT TO ACQUIRE MCCLOSKEY INTERNATIONAL, A CANADIAN MOBILE CRUSHING AND SCREENING EQUIPMENT MANUFACTURER
* TO ENSURE FINANCING FOR ACQUISITION, METSO HAS AGREED ON A BILATERAL LOAN FROM NORDEA BANK ABP
* LOAN HAS A MATURITY OF TWO YEARS AND INCLUDES AN OPTION TO EXTEND MATURITY BY ONE YEAR
* ENTERPRISE VALUE OF TRANSACTION IS CAD 420 MILLION (EUR 279 MILLION)
* TRANSACTION IS EXPECTED TO BE POSITIVE FOR METSO'S EARNINGS PER SHARE IN 2020.
* MCCLOSKEY WILL BE REPORTED IN METSO'S MINERALS SEGMENT.