MOLINE, Ill., Dec. 23, 2013 /CNW/ - Deere & Company (NYSE: DE) has completed its sale of a majority interest in its landscapes business to the private equity investment firm of Clayton, Dubilier & Rice, LLC. In October, Deere had announced it would initially retain a 40 percent equity interest in John Deere Landscapes and sell the remainder to CDR. John Deere Landscapes has more than 2,000 employees at approximately 400 locations in 41 states. SOURCE Deere & Company Ken Golden, Director, Global Public Relations, Deere & Company, 309-765-5678 http://www.deere.com To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2013/23/c6523.html CO: Deere & Company ST: Illinois NI: AGR -0- Dec/23/2013 18:53 GMT
Deere completes partial sale of landscapes business
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