Solidium Oy’s half-year report for July-December 2019: Read more

Solidium has today agreed to purchase 4,442,500 TietoEVRY shares from the company’s largest shareholder Funds advised by Apax Partners LLP, acting through the company Lyngen Holdco S.A.R.L. (“Apax”). The purchase price is approximately EUR 122.6 million. On June 19, 2019, Solidium and Apax entered into a conditional share sale and purchase agreement under which Solidium was entitled to purchase this amount of TietoEVRY shares. Solidium announced this on June 19, 2019. Following the completion of... Read more

Solidium’s Annual General Meeting was held in Helsinki on 6 November 2019. The Annual General Meeting adopted the company’s financial statements for the financial year 1 July 2018–30 June 2019 and discharged the members of the Board of Directors and the CEO from liability. In accordance with the Board’s proposal, the Annual General Meeting decided on a profit distribution of EUR 338 million to the owner. For a term ending at the end of the next Annual General Meeting, the following persons were ... Read more

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN OR INTO ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW Read more

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN OR INTO ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW Read more

Solidium continued its active ownership strategy for the financial year ended June 30, 2019. The company’s tenth financial year was characterized by major fluctuations between the first and second half. The global stock market plummeted in the autumn 2018. During the second half of the financial year, the stock market showed strong performance, which was reflected in the excellent return during that period. Read more

Solidium supports the transaction announced today by Metso Corporation and Outotec Oyj to combine Metso Minerals and Outotec to create a leading company in equipment, services and process technology serving the minerals, metals and aggregates industries. The combined company will be named Metso Outotec Corporation with combined revenues amounting to EUR 4.2 billion including the impact of the recently announced acquisition of McCloskey by Metso. The complementary offering, capabilities in techno... Read more

Solidium has today conditionally agreed to purchase approximately 4.4 million Tieto shares from EVRY’s largest shareholder Funds advised by Apax Partners LLP, acting through the company Lyngen Holdco S.A.R.L. (“Apax”). The sale and purchase contemplated is conditional, among other, upon the completion of the merger of Tieto and EVRY and includes customary conditions precedent.Solidium’s shareholding in Tieto is currently 10.0%. After completion of the cross-border merger of Tieto and EVRY, Solid... Read more

Solidium supports the transaction announced today by Tieto Corporation and EVRY ASA to combine the two companies through a merger. The foundation of the merger is based on highly complementary businesses in Norway, Finland and Sweden. With combined revenue of close to EUR 3 billion and 24,000 professionals, TietoEVRY will be well positioned to create digital advantages for Nordic enterprises and society. TietoEVRY will have its legal domicile in Espoo, Finland. Solidium’s shareholding in Tieto i... Read more

The Extraordinary General Meeting of Solidium Oy was held in Helsinki on 2 April 2019. The Extraordinary General Meeting resolved that Solidium will transfer shares in Kemira, Nokia and Sampo (A-shares) worth EUR 80 million in total as capital repayment to the State of Finland. The State of Finland will transfer the shares further to Oppiva Invest Oy, which acts under the Finnish National Agency for Education in order to execute projects within vocational education and training.Consequently, Sol... Read more