Zoomlion China
China’s Construction Equipment Company Zoomlion Will no Longer bid for Terex Corporation
| Girish Shetti | | May 28, 2016 11:43 AM EDT |
Chinese construction equipment maker Zoomlion Heavy Industry Science & Technology Co. announced on Friday that it has given up on its pursuit to acquire US-based Terex Corporation. The proposed acquisition talks failed after six months of negotiations.
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