Fiat Sweetens Tie-Up Proposal For Equipment Unit CNH

Law360, New York (November 19, 2012, 4:03 PM EST) -- Italy’s Fiat Industrial SpA on Monday boosted its takeover offer for the piece of agriculture and construction equipment company CNH Global NV it doesn’t already own, adding a $10 per share cash consideration and giving CNH two days to sign off.

Fiat, which was spun out from the automaker that shares its name two years ago, owns 88 percent of CNH . It has advocated to fold CNH into itself since May, saying it would allow both companies to better compete with North America-based rivals Deere...
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