Terex Corp (NYSE:TEX)
$ 55.73 -0.44 (-0.78%) Market Cap: 3.72 Bil Enterprise Value: 4.00 Bil PE Ratio: 8.14 PB Ratio: 1.88 GF Score: 84/100

Terex Corp at Evercore ISI Industrials/Housing/Airlines Conference and Evercore ISI Payments Conference Transcript

Mar 05, 2019 / 04:30PM GMT
Release Date Price: $33.95 (+0.89%)
David Michael Raso
Evercore ISI Institutional Equities, Research Division - Senior MD & Head of Industrial Research Team

Okay, our next presenters are from Connecticut, obviously a global company, Terex.

Really happy to have John Sheehan, CFO; and Brian Henry, who is masquerading as an investor relations person but many years doing M&A for Terex which is a big part of the story for many years. And usual more on the acquisition side than divestitures side, but the recent news is more on the divesting side.

So with that, I'll turn it over to both of you. I guess, first, we'd be curious to take us through the thought process, maybe even the actions, any books that went out to other players, whatever may be just on the thought process to the recent announcement on divesting decent part of your crane business to Tadano.

Thank you.

John D. Sheehan
Terex Corporation - Senior VP & CFO

Super. So thanks very much, David, for the invitation to participate in the conference here today. We welcome the opportunity to speak with

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