Heavy equipment producers plan merger
Nov 26, 2012 | 12:55 PM
| Corinna Petry
CHICAGO Fiat Industrial SpA, which manufactures agricultural and construction equipment, trucks and commercial vehicles, has entered into a merger agreement with CNH Global NV, which also manufactures a wide range of agricultural and construction equipment.
"Completion of this merger will ... allow shareholders in both companies the opportunity to participate in the growth prospects of the worlds third-largest capital goods provider, which will be a true peer in scale and capital markets appeal to the other major global capital goods companies," Fiat chairman Sergio Marchionne said in a statement Monday.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.