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Tag: terex
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.
Tags: offer
maker
crane
confirms
Investment Analysts' Weekly Ratings Changes for Terex
2016-02-04 15:27:30| Industrial Machines - Topix.net
They now have a $25.00 price target on the stock. 1/27/2016 - Terex had its "market perform" rating reaffirmed by analysts at William Blair.
Tags: ratings
investment
weekly
analysts
Concorde Asset Management LLC Acquires 1,700 Shares of Terex Co.
2016-02-03 23:42:25| Industrial Machines - Topix.net
Concorde Asset Management LLC raised its stake in Terex Co. by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission .
Tags: management
llc
shares
asset
Terex sale talks with Zoomlion continue despite worry U.S. may block -sources
2016-01-30 09:10:13| Industrial Machines - Topix.net
Jan 29 Terex Corp's sale discussions with China's Zoomlion are continuing despite concerns a deal could be blocked by the Committee on Foreign Investment in the United States , according to people familiar with the matter. CFIUS, set up by the U.S. government to scrutinize deals that could pose national security threats, has been increasingly flexing its muscle amid intensifying Chinese interest in foreign investments.
Tags: sale
continue
sources
block
Terex shares climb higher on unsolicited Zoomlion bid
2016-01-26 22:01:15| Industrial Machines - Topix.net
Shares of heavy lifting equipment maker Terex Corp. soared after the company announced it had received an unsolicited takeover offer of $30 per share from China's Zoomlion Heavy Industry Science and Technology Co. Terex shares jumped 34 per cent to $20.07 in afternoon trading Tuesday after rising as high as $23.98 earlier.
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