Heavy equipment maker Caterpillar (CAT) has reportedly reached an agreement to buy China’s ERA Mining Machinery. The Wall Street Journal reports that Caterpillar will pay $887 million for the Hong Kong-listed company.
Heavy equipment maker Caterpillar (CAT) has reportedly reached an agreement to buy China’s ERA Mining Machinery. The Wall Street Journal reports that Caterpillar will pay $887 million for the Hong Kong-listed company.
