{"id":10365,"date":"2017-02-15T18:23:37","date_gmt":"2017-02-15T18:23:37","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=10365"},"modified":"2017-02-15T18:23:37","modified_gmt":"2017-02-15T18:23:37","slug":"terex-sells-e257m-of-konecranes-after-lock-up-waived","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/","title":{"rendered":"Terex sells \u20ac257m of Konecranes after lock-up waived"},"content":{"rendered":"<p><a href=\"https:\/\/www.terex.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terex<\/a> completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of <a href=\"http:\/\/www.konecranesusa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Konecranes<\/a> at a price of \u20ac34.50 ($36.43) per share.<\/p>\n<p>Total shares outstanding include both Class A and Class B shares but does not include Konecranes\u2019 treasury shares.<\/p>\n<p>The trade date of the transaction will be February 15, 2017, and settlement of the transaction is expected to occur on February 20, 2017 (a T+3 settlement process).<\/p>\n<p>Following the offering, Terex will continue to hold approximately 12.15 million Class B shares, representing approximately 15.5% of the total shares outstanding of Konecranes.<\/p>\n<p><strong>Related<\/strong><\/p>\n<ul>\n<li><strong><a href=\"http:\/\/minutes.machine.market\/index.php\/2017\/01\/05\/terex-material-handling-port-solutions-mhps-is-now-part-of-konecranes\/\" target=\"_blank\" rel=\"noopener noreferrer\">TEREX MATERIAL HANDLING &amp; PORT SOLUTIONS (MHPS) IS NOW PART OF KONECRANES<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/minutes.machine.market\/index.php\/2016\/08\/08\/konecranes-wins-eu-conditional-approval-for-terexs-crane-business-buy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Konecranes wins EU conditional approval for Terex\u2019s crane business buy, must sell Stahl Crane Systems<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/minutes.machine.market\/index.php\/2016\/05\/16\/terex-to-sell-port-business-to-konecranes-for-1-3-billion\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terex to Sell Port Business to Konecranes for $1.3 Billion<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/minutes.machine.market\/index.php\/2016\/04\/27\/konecranes-terex-boards-confirm-merger\/\" target=\"_blank\" rel=\"noopener noreferrer\">Konecranes-Terex Boards Confirm Merger<\/a><\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terex completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes at a price of \u20ac34.50 ($36.43) per share. Total shares outstanding include both Class A and Class B shares but does not include Konecranes\u2019 treasury shares. The trade date of the transaction will be February 15, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,8],"tags":[834,1471],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terex sells \u20ac257m of Konecranes after lock-up waived - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terex sells \u20ac257m of Konecranes after lock-up waived - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"Terex completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes at a price of \u20ac34.50 ($36.43) per share. Total shares outstanding include both Class A and Class B shares but does not include Konecranes\u2019 treasury shares. The trade date of the transaction will be February 15, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/\" \/>\n<meta property=\"og:site_name\" content=\"MachineMarket Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-15T18:23:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/02\/Kone-Cranes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1462\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/machine.market\/blog\/#organization\",\"name\":\"CraneMarket | Cranes for Sale and Rent\",\"url\":\"https:\/\/machine.market\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2019\/03\/crane-market-logo.png\",\"width\":282,\"height\":81,\"caption\":\"CraneMarket | Cranes for Sale and Rent\"},\"image\":{\"@id\":\"https:\/\/machine.market\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/machine.market\/blog\/#website\",\"url\":\"https:\/\/machine.market\/blog\/\",\"name\":\"MachineMarket Blog\",\"description\":\"Machine News\",\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/machine.market\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/02\/Kone-Cranes.jpg\",\"width\":2048,\"height\":1462},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#webpage\",\"url\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/\",\"name\":\"Terex sells \\u20ac257m of Konecranes after lock-up waived - MachineMarket Blog\",\"isPartOf\":{\"@id\":\"https:\/\/machine.market\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#primaryimage\"},\"datePublished\":\"2017-02-15T18:23:37+00:00\",\"dateModified\":\"2017-02-15T18:23:37+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/\"]}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#webpage\"},\"author\":{\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\"},\"headline\":\"Terex sells \\u20ac257m of Konecranes after lock-up waived\",\"datePublished\":\"2017-02-15T18:23:37+00:00\",\"dateModified\":\"2017-02-15T18:23:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/terex-sells-e257m-of-konecranes-after-lock-up-waived\/#primaryimage\"},\"keywords\":\"konecranes,terex\",\"articleSection\":\"Constuction &amp; 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