Jun
01

Movers: Deere to Expand Global Footprint, and China Guides Currency Higher

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We’re following major developments in the markets throughout the day.

John Deere Maker Buys Wirtgen Group

Deere & Company, the maker of John Deere equipment, said on Thursday that it had agreed to acquire Wirtgen Group, a privately held German maker of road construction equipment, for 4.36 billion euros, or about $4.9 billion.

The transaction would expand Deere’s global footprint and its offering of construction equipment…

Movers: Deere to Expand Global Footprint, and China Guides Currency Higher

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