January 5th, 2007

Bucyrus Buys DBT

Bucyrus International, Inc. of Wisconsin, USA has announced that it has signed a definitive agreement to acquire DBT GmbH. DBT is based in Lunen, Germany. Bucyrus will pay $710 million in cash and issue to RAG 471,476 shares with a market value of $21 million (based on Bucyrus average closing price for the 20-day trading [...]