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Westrac to buy Cat's Chinese operations

WESTRAC China has entered into a deal to buy part of Caterpillar Global Mining's Chinese distribution and support business for $US130 million ($A142.7 million).

Andrew Duffy
Westrac to buy Cat's Chinese operations

The deal will see the company acquire Caterpillar Global Mining’s business where WesTrac operates in northeast China and Seven Group Holdings, which owns WesTrac, will fund the deal through a five-year...

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