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Over and under

“IT’S a busy day in the mining machinery business,” was how Bucyrus International chief executive Tim Sullivan opened his address to analysts on the company’s $US731 million ($A931 million) acquisition of DBT GmbH earlier this week. <b><I>Supply Side</I> by Richard Roberts*</b>.

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And if non-core mining machinery businesses continue to be sold by companies à la the offloading of DBT by Germany’s RAG Aktiengesellschaft, then it could be a busy year or two ahead, with more big deals...

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