Caterpillar Bid Lifts ERA Mining Shares By 21% In Latest HK Takeover

November 12, 2011   |   November 2011 Bond Updates
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.

View more at: 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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