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Deere & Co., said last week it would buy an extra 42 percent stake in Nortrax Inc., a Deere dealership, from the private equity arm of Credit Suisse First Boston Equity Partners L.P. for $112 million.
The purchase will raise Deere’s stake in Nortrax to 83 percent. Deere also said it plans to buy the remaining stake next year for an additional $55 million.
Nortrax is No. 30 on the RER 100.
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