News

Caterpillar progress

By 2006-07-01T10:00:00

CATERPILLAR Inc announced on May 16 that it would acquire Progress Rail Services Inc from One Equity Partners for $425m in cash, $375m in stock and stock and assumption of $200m of debt. JP Morgan Chase buy-out unit OEP had acquired Progress Rail for $438m in 2005.

Please sign in or register for free to view this page

 

Sub Advert

You have reached your limit of news stories for this week. Register for FREE to read this article and get:

  • Unlimited access to online news coverage from:
  • Railway Gazette International covering the global railway industry
  • Metro Report International covering the urban transport sector
  • Rail Business UK industry news for the British railway market
  • Weekly e-mail newsletters covering the sector(s) of your choice
  • Exclusive offers for Railway Gazette Events.

If you are already a registered user or a subscriber you can SIGN IN now