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Konecranes To Divest Stahl To Get EU Approval Of Terex Deal

By Eric Kroh ( August 9, 2016, 11:27 AM EDT) -- The European Union on Monday said it had cleared Konecranes' $1.3 billion acquisition of Terex's container handling business conditioned on Konecranes' divestment of its Stahl subsidiary to maintain competition in the market for hoists used to manufacture cranes....

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