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Recommended News

  • China Approves Caterpillar Acquisition of Bucyrus

    China Approves Caterpillar Acquisition of Bucyrus The Ministry of Commerce of the People's Republic of China gives clearance for acquisition to proceed.

  • Bucyrus China Approval Caterpillar Hadoop Training Chennai

    Caterpillar pleased with Bucyrus integration. The ERA deal is pending regulatory approval in China, where 70% of the worlds underground mining takes place and 40% of the worlds coal is consumed.

  • Caterpillar Completes Acquisition of Bucyrus, Creates

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

  • UPDATE 1-China approves Caterpillar acquisition of Bucyrus

    July 8 (Reuters) Caterpillar Inc,the world’s largest maker of heavy equipment, said China’s regulator had approved its acquisition of U.S. mining equipment firm Bucyrus International

  • Sale of Bucyrus almost completed as regulatory agencies

    SOUTH MILWAUKEE The last major hurdles have been crossed for selling one of Metro Milwaukee's largest industries. The Commerce Ministry in China has approved the sale of Bucyrus International to Caterpillar and the U.S. Justice Department has also given its blessing to the transaction, and Bucyrus says it will close soon.

  • Caterpillar to Acquire Bucyrus MINING.COM

    Nov 17, 2010· “Caterpillar Inc. (NYSE: CAT) and Bucyrus International, Inc. (Nasdaq: BUCY) announced today they have entered into an agreement under which Caterpillar will acquire Bucyrus International in a

  • Caterpillar completes $8.8B Bucyrus acquisition The

    Jul 08, 2011· PEORIA, Ill. (AP) — Caterpillar has completed its acquisition of Bucyrus International to expand its line of mining equipment. Caterpillar Inc. said it completed the deal Friday after getting regulatory approval from China. The U.S. Justice Department already approved it. Caterpillar paid $92 per share, or about $7.6 billion, to acquire Bucyrus International Inc. The deal is worth $8.8

  • Caterpillar Completes Acquisition of Bucyrus, Creating

    Jul 08, 2011· Caterpillar Group President Steve Wunning will have executive office accountability for Caterpillar's Global Mining business, including Bucyrus. "We are

  • Caterpillar in $7.6 Billion Deal for Bucyrus The New

    Nov 15, 2010· Caterpillar 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

  • Cat Scammed: How A U.S. Company Blew Half A Billion

    Feb 13, 2013· Joy's expansion into China caught Caterpillar's attention, as it had just completed its acquisition of Bucyrus, Joy's hometown rival. Initially, Caterpillar had planned to issue up to $2 billion

  • Caterpillar Acquisition of Bucyrus Allied Engineering

    Caterpillar Acquisition of Bucyrus . The Ministry of Commerce of the People’s Republic of China gives clearance for acquisition to proceed PEORIA, Ill. and OAK CREEK, Wis. Caterpillar Inc. (NYSE: CAT) and Bucyrus International, Inc. (NASDAQ: BUCY) received notification from the Ministry of Commerce of the People’s Republic of China (MOFCOM) that it has formally approved Caterpillar’s

  • Sale of Bucyrus almost completed as regulatory agencies

    SOUTH MILWAUKEE The last major hurdles have been crossed for selling one of Metro Milwaukee's largest industries. The Commerce Ministry in China has approved the sale of Bucyrus International to Caterpillar and the U.S. Justice Department has also given its blessing to the transaction, and Bucyrus says it will close soon.

  • Caterpillar agrees to buy Bucyrus for $7.6B

    Nov 15, 2010· Caterpillar Inc., the world's largest construction and mining equipment maker, says it has agreed to buy Bucyrus International Inc. for $7.6 billion in cash.

  • Caterpillar Thinks Commodities in Bucyrus Deal TheStreet

    Nov 15, 2010· Caterpillar agrees to pay a sweet price for mining-equipment maker Bucyrus, betting big on the two hottest investment trends of the year -- commodities and emerging markets.

  • Caterpillar completes $8.8B Bucyrus acquisition The

    Jul 08, 2011· PEORIA, Ill. (AP) — Caterpillar has completed its acquisition of Bucyrus International to expand its line of mining equipment. Caterpillar Inc. said it completed the deal Friday after getting regulatory approval from China. The U.S. Justice Department already approved it. Caterpillar paid $92 per share, or about $7.6 billion, to acquire Bucyrus International Inc. The deal is worth $8.8

  • China, U.S. DOJ Clear Caterpillar's Acquisition of Bucyrus

    China, U.S. DOJ Clear Caterpillar's Acquisition of Bucyrus JUL 8, 2011 9:58 am Caterpillar and Bucyrus International received notification from the Ministry of Commerce of the People’s Republic of China (MOFCOM) that it has formally approved Caterpillar’s planned acquisition of the Wisconsin-based mining equipment company.

  • Caterpillar pleased with Bucyrus integration

    The ERA deal is pending regulatory approval in China, where 70% of the world's underground mining takes place and 40% of the world's coal is consumed. Caterpillar has factories in many countries.

  • Caterpillar to Buy Bucyrus for $7.6 Billion CBS News

    Nov 15, 2010· Caterpillar, 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

  • Caterpillar in $7.6 Billion Deal for Bucyrus The New

    Nov 15, 2010· Caterpillar 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

  • Caterpillar agrees to buy Bucyrus for $7.6 billion

    Nov 15, 2010· To land Bucyrus International Inc., based in South Milwaukee, Wisconsin, Caterpillar will pay $92 per share, a 32 percent premium to Bucyrus' closing price on Friday.

  • Caterpillar to Acquire Bucyrus Heavy Equipment Guide

    Nov 18, 2010· closing conditions and approval by Bucyrus stockholders. At that time, Caterpillar Group President Steve Wunning will have executive office accountability for Bucyrus, along with his current responsibilities for the company’s mining business. “Even today at mine sites around the world, our customers are using Bucyrus

  • Caterpillar Buys Bucyrus International For $7.6B

    NEW YORK (AP) — Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion, aiming its sights on rapid growth in emerging markets. Bucyrus, which is based in South Milwaukee, Wis., makes surface mining equipment used for mining coal, copper, iron ore, oil sands and other minerals.

  • Bucyrus-Erie Wikipedia

    Bucyrus-Erie was an American surface and underground mining equipment company. It was founded as Bucyrus Foundry and Manufacturing Company in Bucyrus, Ohio in 1880. Bucyrus moved its headquarters to South Milwaukee, Wisconsin in 1893. In 1927, Bucyrus merged with the Erie Steam Shovel Company to form Bucyrus-Erie.. Renamed Bucyrus International, Inc. in 1997, it was purchased by Caterpillar

  • Caterpillar: Strengths, Weaknesses, Opportunities, Threats

    Feb 03, 2012· After the Bucyrus acquisition, Cat has a broader mining product range than closest competitor and mining giant Joy Global (NYSE: JOY). So it's