Tag: Caterpillar acquisition of Bucyrus

Roadbuilding
Cat completes Bucyrus acquisition
Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., the company publicly announced on July 11. Caterpillar funded the acquisition, valued at about $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction. Caterpillar Group President Steve Wunning will have […]
July 11, 2011
Business
Cat completes Bucyrus acquisition
Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., the company publicly announced on July 11. Caterpillar funded the acquisition, valued at about $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction. Caterpillar Group President Steve Wunning will have […]
July 11, 2011
Roadbuilding
U.S. Department of Justice clears Cat acquisition of Bucyrus
The United States Department of Justice (DOJ) has closed the investigation into Caterpillar Inc.’s planned acquisition of Bucyrus International and cleared Cat to move forward. The DOJ action, in addition to the expiration of the Hart-Scott-Rodino Act waiting period, concludes the antitrust review process in the United States. The clearance by the DOJ will allow […]
May 23, 2011
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