Fiat Industrial

CNH Shareholders Approve Merger with Fiat Industrial

Shareholders of CNH Global N.V. met at an extraordinary general meeting and approved its merger with Fiat Industrial S.p.A. into a newly established company to be named CNH Industrial N.V.

Fiat Industrial has owned 87 percent of CNH Global, with its Case and New Holland construction brand families and Case IH ag-equipment brand. When the mergers are complete, the new company is expected to become the third-largest capital goods group in the world by equipment sales.

Subject to the closing of the transaction, CNH shareholders will receive 3.828 common shares of CNH Industrial for each CNH Global share they hold at the time of the merger.