Terex sells 7.45 million Konecranes shares
Premium Content
16 February 2017
Global manufacturer of lifting and material processing products and services, Terex Corporation, has completed the sale of 7.45 million Class A shares in Konecranes. It was 9.5 % of the total shares outstanding and they were sold at €34.50 per share.
Total shares outstanding includes both Class A and Class B shares but does not include Konecranes’ treasury shares. Following the offering, Terex will continue to hold approximately 12.15 million Class B shares, representing approximately 15.5 % of the total shares outstanding of Konecranes.
Integrated technology is helping contractors improve accuracy, productivity and control without neglecting the fundamentals of machine performance
A look at how site restrictions and task requirements inform aerial platform selection
When the demands of a jobsite dictate tire selection, field knowledge and data are key to optimising fleet performance