--FILE--Construction machines of Zoomlion are on display at the 7th International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment, also known as bauma China 2014, in Shanghai, China, 27 November 2014. Shares in Zoomlion, sometimes regarded as China¯s answer to Caterpillar, have jumped in Hong Kong amid reports two rival cranemakers have abandoned plans to merge. Terex, a US-based cranemaker is now reportedly likely to sell one of its main business divisions to Finland¯s Konecranes, according to Bloomberg, a move that now raises the possibility of Zoomlion buying the remainder of the company. According to Bloomberg reports, Konecranes is currently in advanced talks to buy Terex¯s material handling and port solutions business for €1bn in cash and shares. But that would now leave open the possibility of Zoomlion picking up the rest of the carcass. Such a carve-up may be more likely to pass muster with US and Chinese regulators than the prospect of Zoomlion swallowing its target whole.
