Wednesday, May 30, 2012

Reuters: Mergers News: Fiat Industrial targets closing CNH deal by year-end

Reuters: Mergers News
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Fiat Industrial targets closing CNH deal by year-end
May 30th 2012, 10:57

MILAN | Wed May 30, 2012 6:57am EDT

MILAN May 30 (Reuters) - Italian truckmaker Fiat Industrial plans to merge with its U.S. farm equipment unit CNH by year-end, the company asid in a presentation slide.

The plan aims to build a global heavyweight industrial machinery group and shifting its focus towards North America.

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