Quote:
Originally Posted by gamble77  |
I would be very surprised if there is any more to this. I doubt Agco would be able to absorb CNH without getting rid of most of Agco. Look at what Fiat had to sell off when it aquired Case-IH. I can see Agco wanting CNH for the marketshare but between the US and Europe trade commisions what would they really be buying? Buy CNH and sell off the rest of Agco to meet the commissions requirements?
Of course ever since Fiat bought Case-IH there have always been rumors of CNH being sold. Since Fiat is involved in the Chrysler thing it only makes sense rumors will start up again but even if Agco and CNH are discussing it it may only be to entertain the idea and listen to the offers which only makes sense.
What would this deal really give Agco though that they don't already have? If they want to sell more tractors then put more dealers out there so we can find them.