CNH Global NV (CNH) confirms that it has sent to the Kverneland ASA Board of Directors a non-binding indication of interest with respect to the potential launch of a voluntary tender offer for 100% of Kverneland ASA's outstanding shares at a price per share equal to NOK 9.50 (equivalent to an aggregate consideration of USD 246 million for 100% of Kverneland ASA's outstanding shares). The actual launch of such offer is subject to certain conditions including completion of satisfactory due diligence.
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.
December 21, 2011
