The U.S.’s Terex is all set to merge with Finland’s Konecranes
Terex (TEX.N)—a U.S. cranes and mining equipment maker—and Finland’s Konercranes (KCR1V.HE) have agreed to an all-share merger. With this merger, both the companies hope to earn combined annual revenue of $10 billion. This revenue will, further, help them to cope with the rising demands of the Chinese and European markets.
This deal will leave Terex […]