AgJunction Inc. announced that today at its special meeting of the shareholders, the shareholders of AgJunction passed a special resolution approving a statutory arrangement pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which Kubota Canada Ltd., a wholly-owned subsidiary of Kubota Corporation will acquire all outstanding common shares of AgJunction for cash consideration of CAD $0.75 per AgJunction Share.
Power transmission specialist Walterscheid Powertrain Group (WPG) is expanding its portfolio of heavy-duty drive shafts and joints by purchasing IFA-Kardan, a business unit of IFA Group and said to be one of the top 10 suppliers of such components for off-road vehicle applications
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.