Article: Doosan Infracore to Acquire Ingersoll Rand Business Units for $4.9 Billion.

Staff

Doosan Infracore agreed to acquire the Bobcat, Utility Equipment, and Attachments business units from Ingersoll Rand for $4.9 billion, which is reportedly one of the largest foreign purchases by a Korean company. The sale is expected to close early in the fourth quarter of 2007.

The combined businesses manufacture skid-steer loaders, compact track loaders, mini-excavators and telehandlers; ...

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