Bursa Alert
Global Market
NewsSime may unveil Bucyrus deal by year-end
Page 1 of 1
Sime may unveil Bucyrus deal by year-end
by hlk Mon 19 Sep 2011, 13:02
Sime Darby Bhd is in talks with Caterpillar Inc to buy distribution assets of Bucyrus International Inc, said Scott William Cameron, the executive vice president of Sime’s industrial division.
Malaysia’s Sime may announce the deal by the end of the year, he told reporters in Puchong, outside Kuala Lumpur, today.
Caterpillar, the world’s largest maker of construction and mining equipment, closed its US$8.8 billion purchase of Bucyrus on July 8 and said it planned to sell distribution assets to dealers. -- Bloomberg
Malaysia’s Sime may announce the deal by the end of the year, he told reporters in Puchong, outside Kuala Lumpur, today.
Caterpillar, the world’s largest maker of construction and mining equipment, closed its US$8.8 billion purchase of Bucyrus on July 8 and said it planned to sell distribution assets to dealers. -- Bloomberg
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» LBS to unveil new strategy, MISC faces challenging year
» Sime Darby in RM236m deal to boost motor biz presence in Australia (Update)
» Sime Darby sees challenging year
» Analysts: Potential for M&As by Sime Darby under 5-year plan
» Sime Darby’s share price hits near four-year high
» Sime Darby in RM236m deal to boost motor biz presence in Australia (Update)
» Sime Darby sees challenging year
» Analysts: Potential for M&As by Sime Darby under 5-year plan
» Sime Darby’s share price hits near four-year high
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|