This follows the acceptance of JBT Corporation‘s voluntary takeover offer by Marel shareholders representing approximately 97.5% of all issued and outstanding shares in Marel hf., as announced on 20 December 2024.
Shares in the combined entity, JBT Marel Corporation (JBTM), will remain listed on the New York Stock Exchange (NYSE) with a secondary listing on Nasdaq Iceland. JBT has secured an approval for the secondary listing on Nasdaq Iceland. Shares of JBTM are expected to commence trading on both NYSE and Nasdaq Iceland exchanges on 3 January 2025.