The arrest of former SNC-Lavalin CEO Pierre Duhaime, the merger between CNH and parent company Fiat Industrial and features on the North African construction market and the components sector are discussed in this month’s podcast.
December’s lead news story concerns the arrest in Canada of Pierre Duhaime, who has been charged in connection to the long-running saga of the company’s suspect payments in Libya as well as suspected fraud on contract for Montreal’s McGill University Hospital.
In business news CNH has agreed to recommend an improved merger offer from majority owner Fiat Industrial (FI) to its shareholders. The offer now includes a US$ 10 per share special dividend to minority shareholders which hold just under 11% of the company, worth some US$ 293 million in total.
Among the features in the December 2012 issue are a look at the North African construction markets as well as the latest in components available to Original Equipment Manufacturers (OEMs).