The Board of Directors of Konecranes has on July 15, 2016, issued a notice to convene an Extraordinary General Meeting of shareholders ("EGM") to be held on September 15, 2016, in order to consider resolutions required for the completion of the acquisition of Terex Corporation's ("Terex") Material Handling & Port Solutions business announced on May 16, 2016, (the "Acquisition") and certain other proposals. In connection with the notice to convene the EGM Konecranes has also made the Stock and Asset Purchase Agreement between Konecranes and Terex dated May 16, 2016, as well as the agreed form of a shareholder's agreement to be entered into between Konecranes and Terex in connection with the closing of the Acquisition available for review on its website at www.konecranes.com/investors.
KONECRANES PLC
Miikka Kinnunen Director, Investor Relations
FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc, tel. +358 20 427 2050
DISTRIBUTION
Nasdaq Helsinki
Media
www.konecranes.com
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2015, Group sales totaled EUR 2,126 million. The Group has 11,600 employees at 600 locations in 48 countries. Konecranes is listed on Nasdaq Helsinki (symbol: KCR1V).