Chinese Zoomlion Confirms Buyout Bid to U.S. Terex
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Chinese machinery maker Zoomlion said on Wednesday night that it has offered an acquisition bid to the board of Terex Corporation in a bid to expand its presence outside China.

Zoomlion said the deal is still in discussion and it would pursue it actively.

Author： 　　　Source：CRI　　　 Editor：Yang Fan