Financing for Chinese Outbound M&A Carries Risk

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

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<p>Chinese construction machinery manufacturer Zoomlion Co. Ltd. might not be able to finance its proposed $30 per share all-cash offer for U.S. rival Terex Corp., a source familiar with the industry told <a href="http://ctfn.news" target="_blank">CTFN</a>.</p>

Chinese construction machinery manufacturer Zoomlion Co. Ltd. might not be able to finance its proposed $30 per share all-cash offer for U.S. rival Terex Corp., a source familiar with the industry told CTFN.

Zoomlion's Financing for Terex Bid Questioned