JBT extends Marel takeover offer to Dec 20 for regulatory reviews

JBT MAREL Corp

Offer extended from Nov 11 to Dec 20, 2024; E.C. Phase 1 review ends Nov 28.
JBT anticipates E.C. approval by late Nov; ACCC decision targeted similar timeframe.
Settlement expected no later than Jan 3, 2025, per amended 5-business-day settlement.
Shareholders who already tendered do not need to re-tender.

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