Kubota Closer to Acquiring Kverneland

Kverneland's major shareholder recently sold its 31.8% share of the company to Kubota, which is now closer to acquiring the Norwegian company.

January 3, 2012

Kverneland's major investor recently sold its 31.8% share of the company to Kubota. This sale of shares brings Kubota closer to its goal of acquiring the Norwegian farming implement company.

Due to the sale of these shares, Kverneland's due diligence processes with CNH Global and Chery Heavy Industry have been terminated.

Read the full article here.

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