Konecranes Oyj of Finland is mulling
a takeover bid for Germany’s Demag Cranes AG, the Financial
Times Deutschland reported, without saying where it got the
The assessment is at an “advanced” stage, the newspaper
said in an e-mailed preview of an article to be published
Konecranes has hired advisers to assist with the proposal,
and has organized financing, the newspaper said.
Spokesmen for both companies declined to comment, the
To contact the reporter on this story:
Jann Bettinga in Frankfurt at
To contact the editors responsible for this story:
Frank Connelly at firstname.lastname@example.org;
Mike Anderson at email@example.com.
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