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Heavy Machinery & Vehicles

Hyundai Construction Equipment to raise stake in Hyundai Heavy Industries (China) to 60 pct

Dec 14 (Reuters) - Hyundai Construction Equipment Co Ltd ::Says it plans to buy stake in Hyundai Heavy Industries (China) Investment Co.,Ltd from Hyundai Heavy Industries Co.,Ltd for 221.6 billion won .It will hold a 60 percent stake in target company after transaction .

3:23am EST

Konecranes Sees Synergy Benefits From MHPS Acquistion In 2018

Dec 14 (Reuters) - Konecranes Abp ::SAYS ‍LOOKING AT 2018, WE EXPECT MHPS ACQUISITION-RELATED SYNERGY BENEFITS WITH A P&L IMPACT OF EUR 40-50 MILLION AND SAVINGS OF EUR 12 MILLION IN NET INTERESTS​.SAYS ‍TARGET TO REACH MHPS ACQUISITION RELATED SYNERGIES OF EUR 140 MILLION ON A RUN-RATE BASIS BY END...

3:15am EST

Komatsu to merge with Tokyo-based unit

Dec 14 (Reuters) - Komatsu Ltd :Says it plans to merge with its Tokyo-based wholly owned unit, which is mainly engaged in equipment service for Ministry of Defense.Effective date on April 1, 2018.Says unit will be dissolved after merger.

2:46am EST

Caterpillar's North America Machines Retail Sales For 3-Month Rolling Period Up 12 Pct

Dec 13 (Reuters) - Caterpillar Inc ::CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 48 PERCENT.CATERPILLAR - NORTH AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 12 PERCENT.CATERPILLAR - WORLD MACHINES RETAIL SALES FOR 3-MONTH...

Wednesday, 13 Dec 2017 09:34am EST

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