News
Terex Corporation's German subsidiary, Terex Industrial Holding AG will make a voluntary cash public tender offer for the outstanding share capital of industrial and port crane manufacturer Demag ...
Four specially designed Terex-Demag all terrain cranes have been “enlisted” in the United States Marine Corps (USMC), officially reporting for duty at the USMC systems command base in Quantico, ...
Terex Corp., the maker of Powerscreen rock crushers, agreed to buy Demag Cranes AG for about 963 million euros ($1.4 billion) after raising its offer to win over management of the German company.
NEW YORK, May 16 (Reuters) - Terex Corp will not enter a bidding war for Germany's Demag Cranes AG because it believes its current offer is full and fair and rival bidders are unlikely to emerge ...
After months of playing hardball with pursuer Terex Cranes, the board of Germany crane maker Demag has finally accepted the US company’s bid. The management has moved to recommend that its ...
FRANKFURT/NEW YORK, July 1 (Reuters) - U.S. construction machinery maker Terex Corp has secured a 68 percent stake in Demag Cranes AG following its sweetened $1.4 billion offer for the German ...
Terex, a machinery manufacturer, said it expects that Demag's board will recommend shareholders of the Dusseldorf, Germany, company accept it. "Our businesses are highly complementary and the ...
Demag – a Terex brand – is an internationally recognised specialist in the design and manufacture of cranes, hoists, drives and handling technology for every application. The company’s ...
Terex Corp. wants to bring the Demag brand back together while moving away from the cyclical construction sector. The Westport, Conn.-based equipment manufacturer announced on May 2 that it is ...
WESTPORT, Conn., Aug. 01, 2019 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced that it has completed the sale of its Demag® Mobile Cranes business to Tadano Ltd. (“Tadano ...
Terex Cranes has unveiled the Demag AC 45 City crane, a compact new three-axle unit in the 45-tonne lifting capacity class aimed at urban applications, with a total length of only 8.68 metres, a width ...
Terex Corp., a U.S. heavy-equipment manufacturer, made an 883.9 million-euro ($1.31 billion) takeover offer for Demag Cranes AG to expand in harbor cranes. Terex, which has its headquarters in ...
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