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NEW YORK: , global manufacturer of construction and mining equipment, has said it plans to buy Bucyrus for about $8.6 billion to expand its base in the mining industry. Inc said in a statement that it has entered into an agreement with Bucyrus International, under which it will "acquire Bucyrus International in a transaction valued at approximately $8.6 billion ...

Bucyrus International, Inc. is a manufacturer of heavy mining equipment. Founded in Bucyrus, Ohio, USA in 1880, the headquarters were moved to its current location in South Milwaukee, Wisconsin in 1893. It was an early producer of steam shovels. Its products now include large electric rope shovels, walking draglines, and rotary blasthole drills for the surface mining industry. Formerly Bucyrus ...

In China faced stiff competition from domestic producers of trucks and diggers. Now it had a bulked-up mini. View Details Send Enquiry Bucyrus acquisition OEM OffHighway. Dec 01, 2010 The closing of the transaction is subject to regulatory approvals, customary closing conditions and approval by Bucyrus stockholders.

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To land Bucyrus, Peoria, Ill.-based will pay $92 per share, a 32 percent premium to Bucyrus' closing price on Friday. The deal, which is valued at $8.6 billion including debt, is ...

said that it would locate the headquarters of its mining business in South Milwaukee, Wis., where Bucyrus is based, and that it would preserve the Bucyrus brand, which dates to 1880. The deal bets heavily on emerging markets like China, India and Brazil, where continued urbanization is expected to drive demand for commodities like ...

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is one of the largest manufacturers and controls about one-fifth of the global new construction equipment market. Acquisitions have …

Bucyrus International Inc., the worldwide manufacturer of mining equipment founded in 1880, was acquired by Inc. on Friday and its corporate and brand names retired.

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'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 …

By 2014, had 25 plants in China. But the Chinese market, once so hot, went cool. But like the heavy-duty equipment it produces, has shown an ability to weather storms ...

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Joy's expansion into China caught 's attention, as it had just completed its acquisition of Bucyrus, Joy's hometown rival. Initially, had planned to issue up to $2 billion ...

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Inc. and Bucyrus International, Inc. announced November 15 that they have entered into an agreement under which will acquire Bucyrus International in a transaction valued at approximately $8.6 billion (including net debt). The acquisition is based on 's key strategic imperative to expand its leadership in the mining equipment industry, and positions ...

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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 's planned acquisition of the Oak Creek, Wis.-based mining equipment company.

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, the world's largest construction and mining equipment maker, moved aggressively to capitalize on demand in emerging markets Monday with a $7.6 billion buyout of Bucyrus …

announced Monday that it will buy Wisconsin-based Bucyrus for $8.6 billion - $7.6 billion in cash and stock and assumption of $1 billion in Bucyrus debt - …

To land Bucyrus, has agreed to pay $92 per share in a deal that is valued at $8.6 billion including debt. The deal, which is subject to a $200 million termination fee, is expected to ...

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