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20 dec 2011

16:31

CNH, Chery Heavy Industries Trump Kubota Bid for Kverneland

Kverneland ASA (KVE), a Norwegian maker of tractor equipment, said CNH Global NV (CNH) and Chery Heavy Industries Co. Ltd. made separate takeover bids of 1.46 billion kroner ($245 million) to trump an offer from Japan’s Kubota Corp. (6326)

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