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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF JULY, 2000.
CNH GLOBAL N.V.
(TRANSLATION OF REGISTRANT'S NAME INTO ENGLISH)
WORLD TRADE CENTER
TOWER B, 10TH FLOOR
AMSTERDAM AIRPORT
THE NETHERLANDS
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .)
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[CNH LOGO]
NEWS RELEASE
For Immediate Release
CNH RECEIVES APPROVAL FOR DIVESTITURE
OF FERMEC CONSTRUCTION EQUIPMENT BUSINESS
For more Racine, Wisconsin July 6, 2000 - CNH Global (N:CNH)
information contact: announced today that the European Commission has approved
the sale of its Fermec Holdings Limited construction
William B. Masterson equipment business to EarthForce Holdings Limited. CNH
01 262 636 5793 agreed to divest Fermec as part of the conditions under
which the European Commission approved the merger of Case
Corporation and New Holland.
Under the sale agreement, EarthForce is purchasing the
Manchester, England, plant, and the Fermec loader/backhoe
and industrial tractor product lines. Fermec products will
continue to be marketed through existing dealer and
distributor outlets in Europe, North America, Latin
America and Australia.
CNH will retain its manufacturing and marketing rights for
mini-excavators that were licensed to the company by
Kobelco. The Manchester plant will continue to make those
models, which will be sold under the Case brand, under an
exclusive supply agreement for CNH. In addition, CNH
negotiated a non-exclusive supply agreement for
four-wheel-steer loader backhoes that also will be sold as
part of the Case line of construction equipment. CNH will
discontinue supply of skid steer loaders from its Wichita,
Kansas, facility for the Fermec line.
To date, CNH has nearly completed nearly all of its
divestiture requirements set forth by the European
Commission and U.S. Department of Justice. The company
continues to pursue divestiture of its Case IH CX and MXc
tractors lines and Doncaster, England, plant.
With strong global brands, CNH is a leader in the
agricultural equipment, construction equipment and
financial services industries and had combined 1999
revenues of approximately $11 billion. CNH sells its
products in 160 markets through a network of more than
10,000 dealers and distributors. CNH products are sold
under the following brands: Case, Case IH, Fermec,
Fiatallis, Fiat-Hitachi, Link-Belt (earth-moving
equipment), New Holland, New Holland Construction, O&K and
Steyr.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CNH Global N.V.
By: /s/ Kevin J. Hallagan
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Kevin J. Hallagan
Vice President, Associate General
Counsel and Assistant Secretary
July 12, 2000
