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Bucyrus to Acquire Terex Mining

机译:比塞洛斯将收购特雷克斯矿业

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Bucyrus International announced in late December that it had signed a definitive agreement to acquire the mining equipment business of Terex Corp. for 1.3 billion dollars in cash. Terex may request to receive 300 million dollars of the purchase price in the form of Bucyrus stock. The transaction would make Bucyrus one of the largest suppliers of mining machinery. In addition to the company's existing line of draglines, electric shovels, conveyor systems and underground coal mining equipment, the transaction would add hydraulic excavators, haul trucks, and highwall miners, and a create a full line of drills for surface mining applications. The deal is not subject to shareholder approval by either company and is expected to close by the end of February 2010. Bucyrus CEO Tim Sullivan said, "Customers will reap benefits from this transaction as Bucyrus will be able to offer a broad, complementary product line that is driven by technology, quality and first class service. We will expand our geographic footprint and diversify our portfolio of products across a broader range of commodities."
机译:比塞洛斯国际公司在12月下旬宣布,它已经签署了一项最终协议,以13亿美元现金收购特雷克斯公司的采矿设备业务。特雷克斯可能会要求以比塞洛斯股票的形式获得3亿美元的购买价。该交易将使比塞洛斯成为采矿机械最大的供应商之一。除了公司现有的吊斗铲,电铲,输送机系统和地下采煤设备系列之外,该交易还将增加液压挖掘机,牵引车和高墙采矿机,并创建用于地面采矿应用的全系列钻机。这项交易没有得到任何一家公司股东的批准,预计将在2010年2月底完成。比塞洛斯首席执行官蒂姆·沙利文(Tim Sullivan)表示:“由于比塞洛斯将能够提供广泛的,互补的产品线,客户将从中受益这将由技术,质量和一流的服务来驱动。我们将扩大我们的地域覆盖范围,并在更广泛的商品范围内使我们的产品组合多样化。”

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