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REFILE-BRIEF-Konecranes expects lower synergies from proposed Terex merger
2016年4月27日 / 早上6点36分 / 1 年前

REFILE-BRIEF-Konecranes expects lower synergies from proposed Terex merger

(Refiles to add information on expected profits from the merger: changes headline)

April 27 (Reuters) - Konecranes Abp :

* Konecranes and Terex Corporation announced in August 2015 their respective Boards of Directors unanimously approved a definitive agreement to combine their businesses in a merger of equals

* Closing of merger is now expected to occur about in middle of second half of 2016

* It is anticipated that substantially all financial and tax synergies of 32 million euros ($36.2 million) will be eliminated as a result of certain regulations promulgated and proposed by the Internal Revenue Service and U.S. Treasury Department

Source text for Eikon:

Further company coverage: ($1 = 0.8843 euros) (Gdynia Newsroom)

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