Browsing Tag

Zoomlion

Summary TEX Received a Bid from Chinese Zoomlion to buy the company at $3.3 billion. The offer from Zoomlion represents a 100% premium and the TEX stock price has increased around 70% since the offer was made public. In 2014, Zoomlion’s profits declined by 80% and this bid is a desperate measure to…
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The Chinese giant of construction machinery, Zoomlion, strengthens its position in Italy alongside the fund Mandarin Capital detecting 67 million over the company in Bolzano, Ladurner, specializing in technologies for waste disposal. The transaction, which passes through the purchase of shares and a…
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