AGCO interested in CNH?

[jlsmith]

CNH, Fiat, and Agco dismissed that story months ago. When Fiat took over Ford NH, they were forced to loose the Heston Corp, do to a possible hay and harvesting monopoly. Agco took on Heston. I can't see the Feds allowing that merger +Case IH, without something big being sold off.

Since that story came out, Agco restructured, and is now Massey Ferguson. I think we need a play book to keep all this straight. My wife's soap operas are easier to follow

Agco is the main company and ownes MF along with several others.:thumbsup:

 

[Hoosier Hay Man]

I read that too, HHM. It's going to be interesting. Make no mistake CNH is being shopped. Daimler was reported to be interested a few months ago. Fiat needs cash for their increased investment in Chrysler. The ag markets are hot right now and that makes CNH worth more.[/U]The breakup of Fiat Industrial (CNH, Iveco trucks, and Powertrain groups) will likely not happen until Fiat Industrial has been officially spun off of the automotive side of Fiat. That occurs in January. After that, who knows?

A CNH / AGCO marriage would be really messy due to forced divestment of major pieces by US & European authorities. I don't expect AGCO to initiate the deal...but they would be happy to take some desireable slices. The North American components would be the most advantageous.

I think you have hit the nail on the head.:thumbsup: If you are going to sell CNH there isn't a better time than now and AGCO doesn't want left out.