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Wartsila completes deal to acquire L-3 Marine Systems International

Wärtsilä Oyj Abp on May 31 completed its deal to acquire L-3 Marine Systems International for a transaction value of €298.0 million.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Ernst & Young Oy Transaction Advisory Services and Fredericks Michael & Co. were the financial advisers for Wartsila, and Freshfields Bruckhaus Deringer LLP was the legal adviser.