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Hitachi Construction to buy Australia’s Bradken for $528 million

Cecilia Jamasmie | October 03, 2016 | 9:00 am Asia Australia Europe 

Hitachi Construction Machinery, the world’s No.1 maker of mammoth excavators, has made a $528 million offer (A$689 million) to acquire Australian mining supplier Bradken Ltd. The deal, Hitachi’s largest-ever overseas acquisition, has already been accepted by Bradken’s board. The deal, Hitachi’s...

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