Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Terex Completes Sale of Its Demag® Mobile Cranes Business

Terex Corporation (TEX) 
Last terex corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
WESTPORT, Conn., Aug. 01, 2019 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced that it has completed the sale of its Demag® Mobile Cranes business to Tadano Ltd. (“Tadano”) for an enterprise value of approximately $215 million.  The final transaction consideration is subject to post-closing adjustments for cash, debt and net working capital. “The sale of our Demag® Mobile Cranes business is another major milestone on our journey to become a more focused, high performance enterprise.  We are committed to delivering improved profitability and return on invested capital across Terex” said John L. Garrison, Terex Chairman, President and CEO.  “The net cash proceeds received will further reduce our leverage.” Mr. Garrison continued, “The sale is based on strong industrial logic, as the Demag® Mobile Cranes business will become part of a global crane company with complementary products and capabilities.  The Demag® Mobile Cranes business has been part of our Company fo Show less Read more
Impact Snapshot
Event Time:
TEX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
TEX alerts

from News Quantified
Opt-in for
TEX alerts

from News Quantified