Claas completes Renault buy-out

ih330 New Member Posts: 7	Claas completes Renault buy-out Jul 7, 2008 21:37:39 GMT 1 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by ih330 on Jul 7, 2008 21:37:39 GMT 1 Received news today that Claas now owns all of Renault ag equipment business. www.agrimarketing.com/show_story.php?id=49965
	Last Edit: Jul 7, 2008 21:38:08 GMT 1 by ih330

eppie God Posts: 3,882	Claas completes Renault buy-out Jul 8, 2008 18:42:13 GMT 1 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by eppie on Jul 8, 2008 18:42:13 GMT 1 Claas didnt want to jeopardize their liquidity by coughing up all the cash in 1 time, and Renault didnt want to pay it all to the tax office when they received it all at once....