Caterpillar Bid Lifts ERA Mining Shares By 21% In Latest HK Takeover
- Sunday, November 13, 2011, 1:22
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Shares in Hong Kong-traded ERA Mining Machinery soared by 21% in Hong Kong on Friday after Caterpillar Inc. offered to buy the mining equipment manufacturer for up to $886 million, the latest sign of optimism about China’s mining equipment market.
http://www.forbes.com/sites/russellflannery/2011/11/12/caterpillar-bid-lifts-era-mining-shares-by-21-in-latest-hk-takeover/
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