Latest news for Mitsubishi Heavy Industries 
Japanese Joint Venture for Caterpillar, Mitsubishi Heavy Industries and Shin Caterpillar Mitsubishi(09/04/2008)
Caterpillar Inc., Mitsubishi Heavy Industries Ltd. (MHI) and Shin Caterpillar Mitsubishi Ltd. (SCM) have signed definitive agreements that include a share redemption plan which will result in Caterpillar owning 67 percent of SCM. The business will be renamed Caterpillar Japan when the first phase of the deal closes, expected to be in the third quarter of 2008. The estimated value of the first phase of the share redemption is 50 billion JPY. Un... [more]
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