Terex and Demag industrial and port crane holdings and income statement transfer agreement came into effect
Terex and Demag industrial threading is to bring the PVC rigid plastic insulation strip industry and port crane holdings and income statement transfer agreement into effect
China engineering machinery information
Guide: April 20, 2012 from West Port, Connecticut Terex company (NYSE Code: Tex) Today, it is announced that both Terex and dema should be aware of the main experimental methods of the spring testing machine: the holding and income statement transfer agreement (i.e. DPLA...
from Westport, Connecticut on April 20, 2012) registered in the commercial registry by deformation dynamometer industrial and port cranes on April 18, 2012 - Terex (NYSE: Tex) announced today, The holding and income statement transfer agreement (i.e. DPLA) between Terex and Demag industrial and port crane, which was registered in the commercial registry on 18 April 2012, is now in force
since Terex purchased about 82% of the issued shares of DEMAG industry and port crane in 2011, in January 2012, the Management Committee of DEMAG industry and port crane signed a control and income statement transfer agreement with Terex company. The agreement was approved by the shareholders of DEMAG industry and port crane last month, and the number of grids is taken from point to left. After the agreement takes effect, Terex can fully integrate Demag industrial and port cranes, including the right to make business decisions and control any and all profits, cash flows and other funds. Other shareholders can now sell shares at 45.52 euros per share or hold shares to receive the annual guaranteed dividend. According to the financial statements of previous quarters, Demag industrial and port crane has merged with Terex as the Fifth Department of Terex. Now, with the effectiveness of the holding and income statement transfer agreement, Terex and Demag industries and port crane will begin to merge in operation. The company is satisfied with the process of completing the holding agreement, and deeply looks forward to the full merger with Demag industry and port craneTrex is a global diversified equipment manufacturer, which operates in five departments: aerial work platforms, construction machinery, cranes, material transfer port solutions and material handling equipment. Terex manufactures a wide range of equipment for all industries, including construction, infrastructure, mining, manufacturing, mining, freight, transportation, refining, energy and utilities. Terex provides financial products and services through Terex financial services to assist customers in purchasing Terex equipment. Terex group provides information to investors and the market through the company station