ADVFN - Advanced Financial Network.
HOME» NYSE » C » CNH Stock Price » CNH Stock News

Cnh Global Share News

 Cnh Global N.v. Stock Price
CNH Stock Price
 Cnh Global N.v. Stock Chart
CNH Stock Chart
 Cnh Global N.v. Stock News
CNH Stock News
 Cnh Global N.v. Company Information
CNH Company Information
 Cnh Global N.v. Stock Trades
CNH Stock Trades

CNH Won't Make Fresh Bid For Kverneland - Chairman

DETROIT -(Dow Jones)- CNH Global NV's (CNH) chairman Monday said the U.S. tractor and combine maker won't make a new bid for Norway's Kverneland ASA (KVE.OS) after Japan's Kubota Corp. (KUB, 6326.TO) offered more money for it. "Those discussions are pretty much done," Sergio Marchionne said on the sidelines of the North American International Auto Show. Kverneland, a maker of agricultural machinery, had looked set to become the target of a bidding war late last year when Kobuta offered NOK10.50 a share for it, challenging CNH's NOK9.5 bid. Kverneland's board recommended that shareholders accept Kubota's offer, which was launched on Jan. 6 and runs until Jan. 20. Kubota's offer has been accepted by Kverneland's controlling shareholder, Umoe AS, giving the Japanese company a 31.8% stake. Based in the U.S., CNH's parent is Fiat Industrial SpA (FI.MI) of Italy. -By Jeff Bennett and Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908;

Stock News for Cnh Global (CNH)
No Recent News Available

Cnh Global and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations