Kubota Is A Hold

03:22am, Thursday, 22'nd Dec 2022
Kubota posted strong sales growth, thanks in part to the pass-through of higher raw material costs due to higher inflation. Despite strong sales growth and favorable exchange rates, operating income d

New Strong Sell Stocks for September 23rd

08:17am, Friday, 23'rd Sep 2022
DDI, BRY, and KUBTY have been added to the Zacks Rank #5 (Strong Sell) List on September 23, 2022.

Kubota Corporation revises tendering period of open offer for Escorts

10:35am, Thursday, 03'rd Mar 2022 Economic Times India
Japan''s Kubota Corporation has revised the opening and closing dates for tendering of shares for its open offer for Escorts Ltd to acquire an additional 28.42 per cent stake from public shareholders. Under the revised schedule, the date of commencement of the tendering period of the open offer has been fixed on March 14, 2022 and the closure of the same on March 28, 2022, said an intimation by Morgan Stanley India Company Pvt Ltd, the manager of the offer, filed on BSE by Escorts Ltd. According to the earlier schedule, the date of commencement of the tendering period was fixed on January 11, 2022 and the closure on January 24, 2022. "The original schedule of activities were indicative (prepared on the basis of timelines provided under the SEBI (SAST) Regulations) and were subject to receipt of relevant approvals from various statutory/regulatory authorities," the filing said. Under the open offer, Kubota Corporation is making a cash offer to acquire up to 3.75 crore fully paid up equity shares of face value Rs 10 each at a price of Rs, 2,000 per share representing 28.42 per cent of the expanded voting share capital.

Nanda family, Kubota to run Escorts jointly

05:15am, Tuesday, 22'nd Feb 2022 Economic Times India
The Nanda family will, following a second capital-reduction and an open offer, hold 14%, while Kubota will hold over 50% stake in Escorts. After the open offer closes in April-May, the two joint ventures in manufacturing and sales-and-marketing that Escorts has with Kubota will be merged into the mother company and the combined entity will be renamed Escorts Kubota.
After the allotment of 93.63 lakh equity shares, Japanese tractor maker Kubota Corporation holds a 16.39% stake in Escorts.
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On 18 February 2022

Escorts expects Kubota to be in drivers seat by end of Mar

07:04pm, Wednesday, 09'th Feb 2022 Livemint
Kubotas shareholding in Escorts will increase from 9% at present to over 50% after the transaction is through, depending on the extent of the tendering process
Titan International (TWI) and Kubota Tractor/ Kubota Canada enter an exclusivity agreement on select sizes of new Trac Loader II tires for compact and utility tractor models used
Here is how Kubota Corp. (KUBTY) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.
While demand in the Zacks Manufacturing - Farm Equipment industry will be supported by higher commodity prices, supply chain issues and high costs ail. Stocks like DE, KUBTY, AGCO and TWI are betting

Alta Acquires Ginop Sales

01:00pm, Thursday, 16'th Dec 2021 Business Wire
LIVONIA, Mich.--(BUSINESS WIRE)--Alta Equipment Group Inc. (NYSE: ALTG) (Alta) today announced that it has entered into a definitive agreement to acquire the stock of Ginop Sales, Inc., a privately held equipment distributor with three locations in Northern Michigan. This acquisition expands Altas construction equipment footprint to ten locations in Michigan and expands its relationship with a leading OEM. Established in 1959, Ginop is an elite Kubota dealer and a trusted source of sales, re
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Companies Profiled of Agriculture Equipment Market Research Report are International Tractors Limited, Valmont Industries, Inc., Claas KGaA mbH, Mahindra & Mahindra Ltd., Alamo Group Inc., Deere & Company, SDF S.p.A., China National Machinery Industry Corporation, Iseki & Co., Ltd., Kubota Corporation, AGCO Corporation Companies Profiled of Agriculture Equipment Market Research Report are International Tractors Limited, Valmont Industries, Inc., Claas KGaA mbH, Mahindra & Mahindra Ltd., Alamo Group Inc., Deere & Company, SDF S.p.A., China National Machinery Industry Corporation, Iseki & Co., Ltd., Kubota Corporation, AGCO Corporation
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