NH seeks loan to fund Case buy-out
NEW Holland, the farm equipment subsidiary of Fiat, is expected to launch a $2.4bn syndicated loan next week to help finance its acquisition of rival Case.
New Holland offered $4.3bn for its Case earlier this year but the merger still needs regulatory approval in the US and Europe.
- Financial Times 16/09/99 page 42
- New Holland on the Case FWi, (01 June, 1999)
- Case shareholders back NH merger FWi, (18 August, 1999)