Terex/Konecranes Story Thread

Terex Completes Sale of 7.45MM Shares of Konecranes

Terex completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes at a price of €34.50 ($36.43) per share. read more


Terex Completes Sale of Material Handling Business to Konecranes

Terex completed the sale of its Material Handling and Port Solutions business to Konecranes for $595 million and €200 million ($209.91 million) in cash and 19.6 million newly issued class B shares. read more


Zoomlion Ends Pursuit of Terex, Konecranes Deal to Continue

Reuters reported that Zoomlion, a Chinese manufacturer of construction equipment, will walk away from its $3.4 billion bid for Terex after the companies failed to agree on terms. read more


Terex Moves Forward with Zoomlion Negotiations

Terex received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all of the outstanding shares of Terex for $31.00 per share in cash. read more


Chinese Construction Equipment Maker Ups Offer to Buy Terex

The Wall Street Journal reported that Chinese state-run construction equipment producer Zoomlion increased its offer to buy Terex to $31 a share or $3.37 billion. read more


Terex Begins Konecranes Merger Consent Solicitation

In connection with its merger with Konecranes, Terex is soliciting consents from holders of its 6.00% senior notes due 2021 and 6.50% senior notes due 2020 to certain proposed amendments to the indentures governing the notes. read more


Terex Makes Senior Leadership Changes

On the heels of its merger with Konecranes, Terex made several personnel moves, including the replacement of Terex Cranes president Tim Ford, who is leaving the company to pursue other opportunities. read more


Terex and Konecranes to Merge

Equipment provider Terex and lifting equipment and machine tools supplier Konecranes will combine in an all-stock merger with estimated pro forma 2014 revenues of $10 billion and $845 million respectively. read more


View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com