AGCO CEO Says CNH Deal Talk was ‘Theoretical’
The head of AGCO Corp. told Reuters on Thursday that comments he made earlier last week about wanting to buy portions of CNH Global were strictly academic because Fiat has no plans to sell it. On Wednesday, Fiat shares touched a 30-month high after AGCO Chairman Martin Richenhagen told the Italian business newspaper MF that he was interested in CNH and had met with Fiat’s Chief Executive Sergio Marchionne. (More at
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