Port of San Diego showcases tandem-lift features of new MHCs
NewsThe Port of San Diego rolls out its Generation 6 Mobile Harbour Cranes, highlighting their tandem-lift operations.
Konecranes obtains Chinese approval for merger
Konecranes has received approval from the Ministry of Commerce, the competition authority in China, for its pending acquisition of Terex’s Materials Handling and Port Solutions business
Konecranes has cleared another hurdle for its pending acquisition of Terex MHPS, with the Chinese government approval.
Completion of the MHPS acquisition remains subject to closing conditions. The previously received approval of the European Commission is conditional on a commitment by Konecranes to divest its STAHL CraneSystems business. Furthermore, Konecranes and Terex are not allowed to close the MHPS acquisition until the European Commission has approved the buyer(s) of the STAHL CraneSystems business.
In a statement Konecranes said: "Konecranes and Terex continue to be fully committed to the MHPS acquisition and are working closely with the competition authorities in the remaining jurisdictions to obtain regulatory approvals allowing completion of the acquisition in early 2017 as planned."
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