Konecranes has completed the acquisition of Terex Corporation’s material handling and port solutions (MHPS) business segment.
The consideration for the MHPS business is US$595m and €200m (US$212m) in cash and 19,600,000 new class B shares, making Terex a 25% shareholder in Konecranes.
The subscription price for a share is €35.01 (US$37.11) which was the closing price of Konecranes’ class A share on the Nasdaq Helsinki on the date of closing of the deal.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.