ZOOMLION: $3 billion 400 million for the acquisition of Terex confidence

Nearly half of the raise a Babel of criticism of ZOOMLION's acquisition of American crane news of Rex has not yet stable, recently, ZOOMLION in order to give Leigers a reassurance, that two parties can cooperate smoothly for the acquisition, the statement can perform on the $3 billion 400 million purchase price, but before this, the two sides have agreed on the price.

ZOOMLION has said it will take the risk of mergers and acquisitions at the Ministry of Commerce and other Chinese Teleikesi, regulators are still in the approval of the transaction.

Some other potential buyers Chinese recently failed to convince U.S. companies, including life sciences companies Affymetrix and Fairchild Semiconductor (Fairchild Semiconductor) (FCS.O), not to abandon its merger agreement has been reached with the American industry, to support enterprises China price.

It is at this time that American companies have become more skeptical about the ability of Chinese companies to complete transactions. Last week, China's Ampang insurance unexpectedly abandoned the 14 billion dollar acquisition plan for HOT.N, which exceeded the previous merger agreement between Starwood and Marriott International.

As with Starwood, Terex also with another company -- Finland Berlusconi group (KCR1V.HE) reached a merger agreement.

According to relevant sources, Teleikesi want ZOOMLION to provide more security, ensure that the agreed transaction can be completed. Both sides are full of sincerity, it seems that the completion of the acquisition is only a matter of time, and the ripe time will naturally happen.

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