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Terex sale talks with Zoomlion continue despite worry U.S. may block -sources

2016-01-30 09:10:13| Industrial Machines - Topix.net

Jan 29 Terex Corp's sale discussions with China's Zoomlion are continuing despite concerns a deal could be blocked by the Committee on Foreign Investment in the United States , according to people familiar with the matter. CFIUS, set up by the U.S. government to scrutinize deals that could pose national security threats, has been increasingly flexing its muscle amid intensifying Chinese interest in foreign investments.

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