Deere & Co. to acquire Wirtgen Group for $5.2B

Deere & Co. announced it will acquire the Wirtgen Group, a German road construction equipment maker, for about $5.2 billion in cash. The deal is expected to close by January 2018.

“The acquisition helps Deere expand its construction equipment reach to more customers, markets and geographies.”recordnet.com

• 1 source
• recordnet.comGerman firm with U.S. headquarters in Antioch being sold for $5.2B cashJun 1, 2017

Summarized from public sources; check the original articles before acting on it.