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CAT Selling Part of Bucyrus
Caterpillar and Hewitt Equipment Limited announced Monday Caterpillar Global Mining and Hewitt have signed an agreement for Hewitt and its subsidiary Atlantic Tractors and Equipment Ltd to acquire the Bucyrus equipment distribution and support business in the province of Quebec, Western Labrador and the Maritimes. Subject to customary closing conditions, it is anticipated the transaction will close on August 1st.