Jun
01
Movers: Deere to Expand Global Footprint, and China Guides Currency Higher
ByWe’re following major developments in the markets throughout the day.
John Deere Maker Buys Wirtgen Group
Deere & Company, the maker of John Deere equipment, said on Thursday that it had agreed to acquire Wirtgen Group, a privately held German maker of road construction equipment, for 4.36 billion euros, or about $4.9 billion.
The transaction would expand Deere’s global footprint and its offering of construction equipment…
Movers: Deere to Expand Global Footprint, and China Guides Currency Higher