Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (1536)	4/9/1999 1:34:00 AM
From: porcupine --''''>	Read Replies (1) of 1722

DEERE & CO said late Monday it struck a deal with Russia to distribute and service farm equipment there. Deere said the agreement was reached after a meeting over the weekend with a delegation of Russian government officials led by Deputy Prime Minister Gennady Kulik. The deal also includes financing, manufacturing and investment. "This partnership represents a profound step in the revitalization of the agricultural sector of Russia," Deere Chairman and Chief Executive Officer Hans Becherer said in a statement. Specific details and financial terms of the agreement were not disclosed. Deere's deal comes on the heels of a similar agreement reached between Russia and CASE CORP

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