☰

Telecomunicaciones y tecnología

Caterpillar buys Bucyrus to double down on mining


    DETROIT (Reuters) - Heavy equipment maker Caterpillar Inc said it would acquire Bucyrus International Inc for $8.6 billion, including assumed debt, accelerating its expansion in mining products.

    The news sent Bucyrus shares up 32.4 percent in premarket trading.

    The deal, the largest in Caterpillar's history, leaves Joy Global Inc as the last remaining stand-alone U.S.-based maker of mining equipment.

    (Reporting by James B. Kelleher; editing by John Wallace)