Caterpillar Inc. last week completed its acquisition of Bucyrus International and received notification from the Ministry of Commerce of the People's Republic of China (MOFCOM) that it formally approved Caterpillar's planned acquisition of the Oak Creek, Wis.-based mining …
WhatsApp: +86 18221755073Driven by a key strategic imperative to expand its leadership and support for customers in the mining industry, Caterpillar Inc. (NYSE: CAT) today announced it has completed its acquisition of ...
WhatsApp: +86 18221755073"Caterpillar Inc. (NYSE: CAT) and Bucyrus International, Inc. (Nasdaq: BUCY) announced today they have entered into an agreement under which Caterpillar will acquire Bucyrus International in a ...
WhatsApp: +86 182217550732011.7.8 BUCYRUS INTL : China Approves Caterpillar Acquisition of Bucyrus MarketScreener. PEORIA, Ill. and OAK CREEK, Wis., July 8, 2011 /PRNewswire/ -- ... 2010, it has agreed to buy bucyrus international inc for, of which china is a massive importer if approved,, receives approval for era buy april 19, 2012 zacks has received a goahead ...
WhatsApp: +86 18221755073The transaction is expected to close in mid-2011. Caterpillar intends to locate its mining business headquarters in South Milwaukee, Wisconsin, where Bucyrus headquarters is currently located, and maintain the Bucyrus brand for the principal Bucyrus legacy products. More information can be found here.
WhatsApp: +86 18221755073Construction equipment manufacturer Caterpillar has received approval from European Union (EU) antitrust regulators to buy Bucyrus International for $8.6bn. The European Commission said in a statement that the deal, which adds shovels and drills to Caterpillar's range of mining machine
WhatsApp: +86 18221755073U.S. heavy equipment maker Caterpillar <CAT.N> gained EU regulatory approval on Thursday for its purchase of U.S. peer Bucyrus <BUCY.O> for $7.6 billion.
WhatsApp: +86 18221755073Caterpillar Inc. last week received notification that the European Commission approved its acquisition of Mannheim, Germany-based MWM Holding GmbH from 3i and funds managed by...
WhatsApp: +86 18221755073Caterpillar will fund the acquisition through a combination of cash from the balance sheet, debt and up to $2 billion in equity. The transaction is expected to close in mid-2011. The acquisition requires approval of the Bucyrus stockholders. Caterpillar will not require a stockholder vote. 4. Why does this acquisition make sense for Caterpillar?
WhatsApp: +86 18221755073Caterpillars purchase of Bucyrus looks set to go ahead, with both companies having received notification from the US Department of Justice (DOJ) that it has closed its investigation into the planned acquisition
WhatsApp: +86 18221755073Caterpillar took over those operations in its 2011 acquisition of Bucyrus International Inc. The company recently completed its consolidation to the buildings north of Rawson Avenue.
WhatsApp: +86 18221755073HONG KONG, April 17, 2012 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today received notification from the Ministry of Commerce of the People's Republic of China (MOFCOM) that it has formally ...
WhatsApp: +86 18221755073The material factors and assumptions that could cause actual results to differ materially from current expectations include, without limitation, the following: (1) the inability to close the merger in a timely manner; (2) the inability to complete the merger due to the failure to obtain stockholder approval and adoption of the merger agreement ...
WhatsApp: +86 18221755073While much of Caterpillar's growth has been organic, it has made significant acquisitions during the past 15 years. The largest of these was the purchase of Bucyrus International, which makes ...
WhatsApp: +86 18221755073Caterpillar will acquire Bucyrus International in a transaction valued at approximately $8.6 billion (including net debt). The agreement values Bucyrus common stock at $92 per share.
WhatsApp: +86 18221755073i n m illions, except per s hare data d ec, 31, 2010 d ec, 31, 2009 d ec, 31, 2008 Sales and revenues: Sales of Machinery and Engines 2 39,367 329,540 $ 4S.04
WhatsApp: +86 18221755073Caterpillar Inc. (NYSE: CAT) today announced it has finalized the purchase of MWM Holding GmbH (MWM) from 3i and funds managed by 3i for €580 million (approximately $800 million). This action follows the European Commission's recent clearance of the transaction.
WhatsApp: +86 18221755073Under the terms of the transaction, which has been approved by the boards of directors of both companies, Bucyrus shareholders will receive $92 per share, $7.6 billion in aggregate consisting of all cash. The transaction represents an implied premium of 32 percent to Bucyrus' share price as of November 12, 2010.
WhatsApp: +86 18221755073In terms of acquisitions, this $8.8 billion one is definitely one of the largest ever carried out. ... While the original decision was to slowly integrate the Bucyrus brand under Cat, with Bucyrus ...
WhatsApp: +86 18221755073Caterpillar's acquisition of Bucyrus helped push America's last stand-alone mining equipment maker Joy Global up $5.68 or 7.9% to $78.06. Bucyrus' rally began before the bell in pre-market trading ...
WhatsApp: +86 18221755073Movements in the world of mining equipment. Wow! Caterpillar Inc. announced it will purchase Bucyrus Intl. Inc. (BII) for $7.6 billion cash plus assumption of $1 billion of BII debt for a total transaction price of $8.6 billion or $92 per share, a 32% premium to the BII closing price the day before. This year BII will have revenues of approximately $3.75, which are all mining …
WhatsApp: +86 18221755073PEORIA, Ill. and OAK CREEK, Wis. – Caterpillar Inc. (NYSE: CAT) and Bucyrus International, Inc. (NASDAQ: BUCY) received notification from the United States Department of Justice …
WhatsApp: +86 18221755073In November, Caterpillar sealed its position as the world's No. 1 maker of mining equipment with its purchase of Bucyrus International for $7.6 billion, the biggest acquisition in its 85-year history.
WhatsApp: +86 18221755073The purchase of Bucyrus will help Caterpillar expand its global footprint in the mining equipment industry and enable it to offer one-stop shopping for its customers, selling things like mining trucks, hydraulic excavators and electric-rope shovels. ... Caterpillar said the acquisition should exceed $400 million in cost savings by 2015 ...
WhatsApp: +86 18221755073Caterpillar will fund the acquisition through a combination of cash from the balance sheet, debt and up to $2 billion in equity. The transaction is expected to close in mid-2011. The acquisition requires approval of the Bucyrus stockholders. Caterpillar will not require a stockholder vote. 4. Why does this acquisition make sense for Caterpillar?
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WhatsApp: +86 18221755073NEW YORK (AP) — Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion, aiming its sights on rapid growth in emerging markets. Bucyrus, which is based in South Milwaukee, Wis., makes surface mining equipment used for mining coal, copper, iron ore, oil …
WhatsApp: +86 18221755073Caterpillar has received a go-ahead from the Ministry of Commerce of the People's Republic of China for the acquisition of ERA Mining. News.
WhatsApp: +86 18221755073Caterpillar funded the Bucyrus acquisition, valued at approximately $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the ...
WhatsApp: +86 18221755073Caterpillar Group President Steve Wunning will have executive office accountability for Caterpillar's Global Mining business, including Bucyrus. "We are pleased to complete this acquisition...
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