Deere & Co.

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Debt Financing / Related, Other Pre-Announcement

Deere & Co - In Connection With Termination Of Hitachi JV, Co &/One Or More Of Its Units Will Purchase All Of Hitachi’S Shares In Relevant JV Entities

Published: 08/19/2021 13:36 GMT
Deere & Co. (DE) - Deere & Co - in Connection With Termination of Hitachi Jv, Co &/one Or More of Its Units Will Purchase All of Hitachi’s Shares in Relevant Jv Entities.
Deere - Co, One Or More Units to Receive Certain Intellectual Property Rights Relating to Certain Manufacturing Processes Under License Agreement.
Deere & Co - in Connection With Jv Termination, Initial Cash Consideration Consists of $275 Million for Shares & an Intellectual Property License.
Deere & Co - Hitachi Will Pay Book Value of Certain Pre-existing Inventory.
Deere & Co - Expects to Fund Initial Consideration and Transaction Expenses From Cash on Hand.