Deere completes sale of irrigation operations

PR Newswire

MOLINE, Ill., May 30, 2014 /PRNewswire/ -- Deere & Company (DE) announced today it has substantially completed the sale of its irrigation operations pending certain regulatory approvals. In February, Deere reported it had reached a definitive agreement to sell the John Deere Water operations to FIMI Opportunity Funds, the leading private equity firm in Israel. Terms of the transaction were not made public.

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