Deere completes sale of irrigation operations
May 30 2014 - 11:20AM
PR Newswire (Canada)
MOLINE,
Ill., May 30, 2014 /CNW/ - Deere & Company
(NYSE: DE) announced today it has substantially completed the sale
of its irrigation operations pending certain regulatory approvals.
In February, Deere reported it had reached a definitive agreement
to sell the John Deere Water operations to FIMI Opportunity Funds,
the leading private equity firm in Israel. Terms
of the transaction were not made public.
SOURCE Deere & Company
Copyright 2014 Canada NewsWire
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