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Zoomlion confirms offer for U.S crane maker Terex

2016-02-17 06:38:56| Industrial Machines - Topix.net

Feb 17 China's Zoomlion Heavy Industry Science and Technology Co confirmed on Wednesday it had made an offer for Terex Corp that values the U.S. crane maker at about $3 billion. Zoomlion is offering $30 per share to acquire Terex, or about 47 percent premium to Terex's Tuesday's close.

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