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Caterpillar (CAT -2.9%) agrees to sell its Bucyrus distribution and support business in South...

  • Wednesday, May 30, 2012, 10:34 AM ET
    Caterpillar (CAT -2.9%) agrees to sell its Bucyrus distribution and support business in South Africa and Botswana to industrial group Barloworld (BRRAY.PK) for $115M. The divestment follows Caterpillar's $7.6B acquisition of Bucyrus, a maker of mining equipment, in 2011.
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    Anybody know if Bucyrus was still making cranes when Cat bought them? And if they were what has Cat done with that part of Bucyrus?
    30 May 2012, 11:03 AM Reply Like
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