Wacker Neuson confirmed a potential Bobcat takeover in December 2025.
The deal is expected to close next month subject to regulatory approval.
WSP highlighted that the deal would open “potential cross-selling opportunities”.
Moon Jae-young will serve as the first president of the new company.
WSP has reportedly offered Jacobs mostly stock, with a small amount of cash.
Caterpillar has struck a deal to acquire Australian mining software firm RPMGlobal.
The transaction represents a transformative step for both companies.
The deal will strengthen Fayat’s presence in North American roadbuilding.
Volvo acquired a majority stake in China-based SDLG in 2006.
Hyundai and Develon to stay separate under one umbrella.