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ID: 25880
Title: Volvo to buy Ingersoll-Rand road unit for $1.3 billion (Reuters)
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Volvo President Leif Johansson in Stockholm, October 24, 2006. Volvo, the world's number two truck maker, said on Tuesday it had agreed to buy the road construction machinery business of U.S. diversified manufacturer Ingersoll-Rand in a $1.3 billion cash deal. (Scanpix/Henrik Montgomery/Reuters)Reuters - World number two truck maker Volvo said on Tuesday it would buy the road construction machinery business of diversified U.S. manufacturer Ingersoll-Rand for $1.3 billion in cash.
Category: Business/
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Date Added: February 27, 2007 03:36:32 PM
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