Engineering company Atlas Copco AB said Friday it would sell a majority stake in its construction equipment rental business to a pair of U.S.-based private equity firms for as much as $3.7 billion.
(RTTNews) - Friday morning, Atlas Copco AB (ATLKY.PK, ATLCF.PK, ATLKF.PK, ATLCY.PK) a provider of industrial productivity solutions, revealed an agreement to sell majority of its construction equipment rental business to private equity firms Ripplewood Holdings L.L.C. and Oak Hill Capital Management, LLC for SEK 28 billion or $3.8 billion in cash and securities.
Engineering company Atlas Copco AB said Friday it would sell a majority stake in its construction equipment rental business to a pair of U.S.-based private equity firms in a 28 billion kronor deal.
Atlas Copco AB has agreed with private equity firms Ripplewood Holdings L.L.C. and Oak Hill Capital Management, LLC, to sell the majority of its construction equipment rental business, in a transaction with a total value of approximately BSEK 28 (BUSD 3.8) in cash and securities.
Provided by Observer Atlas Copco sells majority stake of the equipment rental business Stockholm, Sweden, October 6, 2006: Atlas Copco AB has agreed with private equity firms Ripplewood Holdings L.L.C. and Oak Hill Capital Management, LLC, to sell the majority of its construction equipment rental business, in a transaction with a total value of approximately BSEK 28 (BUSD 3.8) in cash and
On the heels of the announcement of Landers McClarty Ford leaving Highway 80, a Pearl large equipment company is moving to south Jackson. Heavy machinery cleared the land where H & E Equipment Services Incorporated will move its operations on I-55 south near Elton Road.
Canadian Equipment Rental Fund Limited Partnership has closed the first tranche of the previously announced private placement, on a non-brokered basis. CERF LP issued 640,000 limited partnership units of CERF LP at a price of $2.50 per Unit for gross proceeds of $1,600,000.
Hertz Equipment Rental Corporation(PINKSHEETS: HERC), a leading construction and industrial equipment rentalcompany, will celebrate the grand opening of its Seattle, WA, generalrental facility on Friday, October 6, 2006. The event will take place atthe store between 11 am and 2 pm, and will showcase the facility's new10,000-square foot showroom and product line, which includes small
Hertz Equipment Rental Corporation (Pinksheets: HERC), a leading construction and industrial equipment rental company, will celebrate the grand opening of its Seattle, WA, general rental facility on Friday, October 6, 2006.