china, taiwan and germany news is saying that Zoomlion is holding against Sany on take-over of PM!

it looks like a joke or a mess ..... take it either way.

Where do you see such news, Can you give me links, i cant find anything like what your talking about.

The only thing I found

http://www.businessweek.com/news/2011-11-18/zoomlion-sees-drastically-slower-china-excavator-demand.html

cant paste link off firefox.

try www.wantchinatimes.com and then search sany

this story?

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20120217000055

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20120217000055&cid=1206

search further on that site to wat says Zoomlion muscles in on deal .....

still carnt get link transferred.

now past midnite here and need sleep.

Todd why dont you try.

I know it is also publishd in Stutgart Times in Germany

G'day Mates

CasSee got close but I see others have no idea of wot to do!

goin pumpin now!

mail you tonight

Aichtal / Changsha - As the article on the Web at "Want China Times" in the Aichtaler headquarters Putzmeister making the rounds is, council chief Gerhard Schamber not really surprising: to surprise came at the end of January, the news of the takeover of Betompumpenherstellers by the Chinese construction machinery giant Sany . "The trusting relationship with management has suffered," said Schamber. What he says: At the moment there is probably nothing that could not be.

But what "Want China Times" - the English-language website of "China Times" from Taiwan - writes? Thus, even before the takeover, a Putzmeister Sany competitor agrees to have to buy Putzmeister. We're talking about Zoomlion, one of the largest construction machinery manufacturer in China. Already in 2009 took over the Italian machinery manufacturers Cifa and apparently wanted to Putzmeister expand its position in Europe. Therefore Zoomlion had signed after the end of a contract with Putzmeister. Whether this also is meant by an offer and it was given by an agreement that does not explain the article. However Zoomlion have 30 December 2011 as the only competitor of the consent of the State Development and Reform Commission (NDRC) is obtained.

The NDRC directs the economic development in China. The approval of the Authority's requirement that Chinese companies can take over foreign firms. This is to avoid that Chinese companies to enter into an unfavorable bidding war.

Putzmeister CEO: Company underdog "comes after"

Of the allegations Putzmeister CEO Norbert Scheuch learns calculated on a visit to the Chinese Sany headquarters in Changsha. Zoomlion he throws "Nachtreten" before, because the company had not come to the train. The sales campaign he had spoken just before Christmas 2011 with five Chinese companies, including Sany and Zoomlion. You all have asked it not to solicit approval from the NDRC. "We did not want the Chinese government decides who will buy Putzmeister," said Scarecrow. As the clear favorite to Sany have emerged - because of the similar corporate culture, as he points out. Soon Sany have submitted an offer on 21 January this year was signed the purchase agreement. Just three weeks earlier he had been informed that Zoomlion had yet taken an exclusive license from the NDRC. "Since we knew that this would provide for irritation," said Scarecrow. And criticized: "We have only spoken once with Zoomlion - but not negotiated. You may just get a permit but only if there is agreement. "

Scheuch's version is supported from the environment of the negotiator: Zoomlion had been with the Putzmeister not agree on price, they say. "That's always a gamble. Sany was simply faster and it has bagged in the end. "Again, this is called" Nachtreten ".

Sany that does not have approval of the NDRC, Scheuch sees little problematic. "If the authority does not grant permission, then yes would be applicable not be taken up. This may not be right. We attach but not to the switch and let us joyfully purchase of Zoomlion. "

Scheuch anticipates that its contracts with Sany until mid-March are final. Until then, we have also obtained the approval of certain regulatory authorities. Then moves on to the Board of Scheuch Sany and responsibility of Aichtal from Sanys concrete business outside of China. Among the approximately 900 employees, he had already apologized that he informed only after the conclusion of the takeover. "From the legal situation in China was not different," he says. Whether it meets the requirement of council Brauning, who urges, among other things a business location of the plant Aichtaler 2020? "The period I think is too long," said Scarecrow. "But we will come to an agreement. I am willing to make concessions. "This should also Bräuning hear. "We are all still between hope, fear and anger," he says.