Steel and machinery conglomerate
Appears in 1 story · Last updated Nov 11, 2026
Parent company funding the acquisition
CNH Industrial is selling 70% of its construction equipment business to Kobelco Construction Machinery, a unit of Japan's Kobe Steel, for $700 million in cash. The price values the whole business at $1 billion and leaves CNH with a 30% stake it cannot sell for three years.
Updated Yesterday
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
