China's Zoomlion sweetens offer for US crane maker Terex

China's Zoomlion sweetens offer for US crane maker Terex

A Zoomlion company logo is seen on an advertisement as passengers walk past at an airport in Changsha, Hunan province July 13, 2013. REUTERS/Stringer

China’s Zoomlion Heavy Industry Science & Technology Co Ltd has raised its bid for U.S. crane maker Terex Corp, according to people familiar with the matter, as it challenges Terex’s merger with Finland’s Konecranes.

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