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.

According to the Journal, Terex countered Zoomlion’s offer and asked for $32.75 a share, which would equate to $190 million more.

In December, Zoomlion put in a $30-share bid and interrupted Terex’s all-stock merger with Konecranes, which was announced in August.