VIDEO
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by
Reuters
China's Sany Buys Germany's Putzmeister
VIDEO DESCRIPTION:
Construction machinery maker Sany Heavy Industry is paying 360 million euros ($473 million) for privately owned German concrete
...
pump maker Putzmeister Holding. According to a source with direct knowledge of the deal, the Chinese firm will also assume an undisclosed amount of Putzmeister's debt The German firm had sales of around 560 million euros last year. Changsha-based Sany is controlled by China's richest man, Liang Wengen.
Posted: 02/01/2012
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Views: 522
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Duration: 00:56
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