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.
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.
We Recommend
-
News
CNH Makes Indication of Interest in Kverneland ASA
CNH announces it has made a non-binding indication of interest in purchasing outstanding shares of Kverneland ASA.
-
News
Kubota Tractor Corp. Announces Plans for New Production Facility
Kubota Tractor Corp. announces it plans to build a new production facility in Georgia.
-
Article
New Compact Track Loaders
-
Press Release
Sauer-Danfoss Reports 2011 Fourth Quarter Results
Sauer-Danfoss reports its 2011 fourth quarter results, which show sales growth was at 4%.
