Farm machinery manufacturer CNH Global NV (CNH) is considering its next move after its $246 million offer for Norwegian farm implement maker Kverneland ASA (KVEGF, KVE.OS) was topped by rival bidder Kubota Corp. (KUB, 6326.TO) of Japan, said a person familiar with the matter Wednesday.
Adam Fleck, analyst for Morningstar, is studying the activity surrounding Kubota and CNH's bids to acquire ag implement maker Kverneland. Here's was his take on it as of Tuesday.
According to a report from Reuters News Service, Kverneland ASA announced that following the disclosure of Kubota Corp.'s voluntary offer to acquire all shares of the the company, Kverneland has received a letter from CNH Global N.V.
SDF Group, manufacturer of the Deutz-Fahr tractor line, has appointed Bavarian Tractor Works of Kerman, Calif., as the exclusive importer and distributor of the Deutz-Fahr tractor brand for the western United States, effective December 1.
A survey of bankers in 10 Midwest and Great Plains states reflected continued economic growth in the region, which boasts strong agricultural performance and rising commodity prices, according to a report issued yesterday.
According to a report today in the Des Moines Register, Deere & Co. is seeking state incentives for a $112.8 million manufacturing expansion at its Ankeny, Iowa, campus.
Philip Falcone's proposed LightSquared Inc. wireless service caused interference to 75% of global-positioning system receivers examined in a U.S. government test, according to a draft summary of results.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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