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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: GlobalData
Provider: Sadif Analytics Prime

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Deere & Co To Sell Majority Interest In Landscapes Business To Clayton, Dubilier & Rice

Monday, 28 Oct 2013 09:01am EDT 

Deere & Co announced that it has agreed to sell a majority interest in its landscapes business to the private equity investment firm of Clayton, Dubilier & Rice, LLC. John Deere Landscapes has been included in Deere's agriculture and turf segment. As a result of the transaction, Deere will receive approximately $300 million in cash and will initially retain a 40% equity interest in the business. 

Company Quote

-0.02 -0.02%
26 Dec 2014