Konecranes-Terex Merger Threatened by Chinese Takeover Bid
An announced merger between two of the world’s largest manufacturers of forklifts, cranes and other heavy-duty materials handling equipment is in jeopardy now that a Chinese company has company has intervened with a hostile takeover attempt. China’s Zoomlion Heavy Industry Science & Technology Co. has offered $30 cash for each outstanding share of Terex, which … Read more