ASV shareholder Terex discloses 19.9 pct stake

venerdì 18 gennaio 2008 19:05
 

Jan 18 (Reuters) - ASV Inc ASVI.O shareholder Terex Corp (TEX.N: Quotazione) disclosed a 19.9 percent stake in the maker of rubber track loaders.

In a regulatory filing, Terex said the stake gives it ownership of about 5.3 million shares and sole voting power over 77,385 shares.

On Jan. 14, Terex said it agreed to buy ASV for about $488 million. (Reporting by Sreerupa Mitra in Bangalore; Editing by Vinu Pilakkott)