Zoomlion drops offer for Terex
NewsThe Chinese company has pulled out of its bid for Terex Corp, just a few days before the deadline set by Konecranes and Terex. Konecranes wi...
Konecranes defends Terex merger
NewsIn a new statement, Konecranes says that its "merger of equals with Terex represents a highly compelling opportunity for both companies and ...
Konecranes/Terex deal looking unlikely
NewsAccording to Reuters, Zoomlion has upped its offer for Terex, and market conditions are such that cash is looking increasingly attractive to...
Security issues mounting for Zoomlion
NewsZoomlion’s bid to acquire Terex Corporation is running headlong into growing anxiety in the US over the pace at which Chinese companies ar...
Konecranes and Terex issue statements
NewsBoth companies say they are still proceeding with their merger, but taking a pause from integration work to address current market condition...
Zoomlion getting upper hand in battle for Terex?
NewsWork on Terex Konecranes merger is reported to have halted as Zoomlion says it has a “concrete financing plan” to acquire Terex Corporat...
Zoomlion on the march
NewsChina’s Zoomlion has outlined its case for acquiring Terex Corporation, as well as other companies...
Konecranes looking for cost savings
NewsKonecranes intends to initiate actions aiming at annual cost savings of €25M by the end of 2017; around half the savings are expected to b...
Market negative on Zoomlion's bid for Terex
NewsUS market analysts have little confidence Zoomlion’s bid to buy Terex Corporation will succeed...
Zoomlion bids US$3.3B for Terex
NewsZoomlion, the Chinese construction, EM and environmental engineering group, has made an unsolicited cash offer for Terex Corp...
Big truck market bounces back
NewsThere are signs that demand for big trucks is on the way up again, but in some markets, at least, industrial applications rather than port h...