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Tag: Cat and Bucyrus deal for acquisition
Business
Cat acquires Bucyrus for $8.6 billion
Caterpillar has agreed to acquire Bucyrus International for $8.6 billion, including net debt. The acquisition is part of Cat’s “key strategic imperative to expand its leadership in the mining equipment industry.” Caterpillar says the acquisition will also help it “capitalize on the robust long-term outlook for commodities” that’s being driven by rapid growth in emerging […]
November 16, 2010
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