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Interim Report 1-6/2010
Order backlog grew - Market position was strengthened by a business acquisition in Central Europe
YIT acquires Caverion, a Central European company offering technical building system services
YIT Corporation has agreed with the owners of Caverion GmbH that YIT will acquire the entire business of Caverion. The price of Caverion’s shares is EUR 73 million. The completion of the transaction is subject to approval by the competition authorities. It is estimated that the acquisition will be completed by August 31, 2010.
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