Terex and Konecranes to merge
Published by Angharad Lock,
Digital Assistant Editor
World Coal,
Terex Corp. and Konecranes Plc have announced that the two companies have entered into a merger of equals. The new company will be named Konecranes Terex Plc.
The transaction is subject to approval by both Konecranes and Terex shareholders and customary closing conditions. Closing is anticipated to take place during the 1H16, and up until that time the two companies will continue to operate independently.
Edited from press release by Angharad Lock
Read the article online at: https://www.worldcoal.com/coal/17082015/terex-corp-and-konecranes-plc-to-merge-2741/
You might also like
A coal comeback may be taking place in the US
Matt Mackowiak, Director of Government Affairs at Core Natural Resources, comments on the recent signing of four executive orders by US President Donald Trump that will help propel the use of coal.