UPDATE: Volvo Construction Equipment to Acquire Hauler Business from Terex for $160M
December 09, 2013 at 06:48 AM EST
Volvo Construction Equipment (OTC: VOLVY ) has announced that it has agreed with the Terex Corporation (NYSE: TEX ) to acquire the hauler manufacturer Terex Equipment Ltd including related assets and intellectual property. The deal, which is subject to regulatory approval, includes the main production facility in Motherwell,