ADVFN - Advanced Financial Network.
HOME» NYSE » T » TEX Stock Price » TEX Stock News

Terex Share News

 Terex Corp. Stock Price
TEX Stock Price
 Terex Corp. Stock Chart
TEX Stock Chart
 Terex Corp. Stock News
TEX Stock News
 Terex Corp. Company Information
TEX Company Information
 Terex Corp. Stock Trades
TEX Stock Trades

Terex Now Holds 72.81% Of Demag Cranes

FRANKFURT -(Dow Jones)- U.S. construction machinery maker Terex Corp (TEX) has now secured 72.81% stake in Demag Cranes (D9C.XE), a mandatory statement from Terex's Germany-based subsidiary Terex Industrial Holding AG said Tuesday. The document also stated that the shareholders have an additional acceptance period of two weeks to take the offer, which is until July 19. On Friday, Terex said it received about 67% of Demag Cranes' shares under its revised tender offer, completing a two-month-long process to acquire the German crane manufacturer. Terex needed 51% of Demag's shares to complete the deal. Terex's original offer of EUR41.75 a share on May 2 was panned by Demag executives and the company's major shareholders as severely undervaluing the company, which later led Terex to raise the offer to EUR45.50. At 0900 GMT shares of Demag Cranes traded +0.1% at EUR45.25. -By Neetha Mahadevan, Dow Jones Newswires; +49 69 2972 5507; [email protected]

Stock News for Terex (TEX)
DateTimeHeadline
02/21/201716:32:50Current Report Filing (8-k)
02/21/201716:30:00Terex Corporation Authorizes New Share Repurchase Program and...
02/21/201716:15:00Terex Announces Fourth Quarter and Full Year 2016 Results and...
02/21/201714:51:01Current Report Filing (8-k)
02/16/201716:30:02Current Report Filing (8-k)
02/15/201702:15:00Terex Corporation Completes Sale of 7.45 Million Shares of Konecranes...
02/14/201714:23:11Amended Statement of Ownership (sc 13g/a)
02/14/201713:58:09Amended Statement of Ownership (sc 13g/a)
02/14/201712:11:00Proposed Placing of up to 9.5% of the Total Shares Outstanding...
02/13/201716:06:04Statement of Ownership (sc 13g)
02/13/201712:20:00Terex Names John D. Sheehan, Chief Financial Officer
02/10/201714:55:40Current Report Filing (8-k)
02/10/201713:46:25Amended Statement of Ownership (sc 13g/a)
02/10/201712:38:55Initial Statement of Beneficial Ownership (3)
02/10/201712:14:18Initial Statement of Beneficial Ownership (3)
02/09/201717:23:00Terex Corporation Announces Fourth Quarter and Year-End 2016...
02/09/201710:38:45Statement of Ownership (sc 13g)
02/07/201716:49:25Statement of Changes in Beneficial Ownership (4)
02/07/201716:48:07Statement of Changes in Beneficial Ownership (4)
02/07/201716:47:15Statement of Changes in Beneficial Ownership (4)

Terex and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US