SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549 |
FORM 6-K |
Report of Foreign Issuer Pursuant
to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 |
[March 29, 2004] |
Metso Corporation (Translation of registrants name into English) Fabianinkatu 9 A, PO Box 1220 FIN-00101 Helsinki, Finland |
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F |
Form 20-F X | Form 40-F ___ |
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. |
Yes ___ | No X |
If Yes is marked, indicate below the file number
assigned to the registrant in connection with Rule 12g-32(b):82-____________ |
SIGNATURES |
Date March 29, 2004 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized. |
Name: |
Olli Vaartimo Executive Vice President and CFO Metso Corporation |
Harri Luoto Senior Vice President, General Counsel Metso Corporation |
METSO TO SELL ITS SHARES IN SATO-YHTYMÄ TO ILMARINEN |
(Helsinki, Finland, March 29, 2004) - Metso Corporation (NYSE: MX; HEX: MEO) has agreed to sell its 239,555 shares in Sato-Yhtymä Oyj to Ilmarinen Mutual Pension Insurance Company. The share holding represents 10.9 percent of the share capital of Sato-Yhtymä Oyj. The value of the sale is over EUR 15 million. The ownership of the shares will be transferred to the buyer on March 31, 2004. |
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The Corporations core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2003, the net sales of Metso Corporation were EUR 4.3 billion. It has approximately 26,000 employees in 50 countries. Metso Corporation is listed on the Helsinki and New York Stock Exchanges. |
For additional information, please contact: |
Eero Leivo, SVP, Administration, Metso Corporation, tel. +358 204 84 3230 |
or |
Helena Aatinen, Senior Vice President, Corporate
Communications, Metso Corporation, tel. +358 20 484 3004 USA: Mike Phillips, Senior Vice President, Finance and Administration, Metso USA, Inc., tel. +1 617 369 7850. |