Terex has announced the completion of the sale of 7,450,000 Konecranes shares, Konecranes to convert sold shares into Class A shares
On February 14, 2017, Terex Corporation ("Terex") published a press release announcing that it had commenced an accelerated book-building process of up to 7,450,000 Konecranes Plc ("Konecranes" or the "Company") shares (the "Share Sale"). Today, Konecranes has received confirmation published by Terex regarding the completion of the sale of all shares offered in the Share Sale at a price of EUR 34.50 per share, representing a 3.25 percent discount to the closing price of Konecranes Class A shares on Nasdaq Helsinki on February 14, 2017. The Share Sale was multiple times oversubscribed at the