Bucyrus acquires DBT

摘要

Bucyrus International, Inc. has announced that it has signed a definitive agreement to acquire DBT GmbH, (based in Lunen, Germany,) a subsidiary of RAG Coal International. Bucyrus will pay 710 million US dollars and issue to RAG 471,476 shares with a market value of 21 million US dollars (based on Bucyrus' average closing price for the 20 day trading period ended 14 December last year). The transaction will be completed by the end of the first quarter of this year and is subject to customary closing conditions and regulatory approvals.