Fiat Industrial fully acquires CNH

Helen Wright

26 July 2013

The merger between Fiat Industrial and equipment manufacturer CNH has been approved by shareholders – a deal that will result in a new company called CNH Industrial.

Fiat Industrial already owned 87% of CNH, which owns the New Holland and Case construction equipment brands. The remaining CNH shareholders will receive 3.828 common shares of the new company for each CNH share they hold at the time of the merger.

The merger, which was recommended to by CNH to its shareholders in November last year, is expected to close in the third quarter.

Business & Finance General Construction
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA