China's Zoomlion buys Italy's construction machinery maker CIFA
xinhuanet.com
28-Sep-2008
        

CHANGSHA, Sept. 28 (Xinhua) -- China's top construction machinery maker, Zoomlion, signed a purchase agreement with Italy's Compagnia Italiana Forme Acciaio Spa (CIFA) here on Sunday. Zoomlion, along with Goldman Sachs and two other investors, plans to buy CIFA for 271 million Euros (395.7 million U.S. dollars). Changsha Zoomlion Industry Science and Technology Development Co. Ltd will pay 163 million Euros for... [read full story]                    

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