CNH GLOBAL N V
6-K, 2000-07-21
CONSTRUCTION MACHINERY & EQUIP
Previous: MANCHESTER EQUIPMENT CO INC, S-3, EX-23.1, 2000-07-21
Next: OPTION ONE MORTGAGE ACCEPTANCE CORP, 8-K, 2000-07-21



<PAGE>   1
                       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
                            -----------            ------------

                 (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
                      -----------        -----------

                 (If "Yes" is marked, indicate below the file number assigned
        to the registrant in connection with Rule 12g3-2(b): 82- _______.)


<PAGE>   2
                                                                      [CNH LOGO]


                        NEWS RELEASE


                        For Immediate Release



                        CNH ANNOUNCES REGULATORY APPROVAL FOR REQUIRED
                        DIVESTITURE OF TRACTOR LINES AND PLANT


                        Racine, Wisconsin (July 20, 2000) - CNH Global (N:CNH)
           For more     announced today that the U.S. Department of Justice has
information contact:    approved the sale of its New Holland Versatile, Genesis
                        and G/70 series four-wheel and two-wheel drive tractor
                        lines, together with the Winnipeg, Canada, plant in
William B. Masterson    which they are made, to Buhler Versatile Inc., a
     01 262 636 5793    subsidiary of Buhler Industries Inc. (TSE:BUI).

                        The two companies announced last month that they had
                        reached a sales agreement pending Department of Justice
                        approval. The companies expect to complete the
                        transaction by the end of this month.

                        Under the agreement, Buhler will supply the worldwide
                        New Holland commercial organization with these tractor
                        lines until October 31, 2001, and the Genesis and G/70
                        series tractors to markets outside of North America
                        until December 31, 2002. Buhler also will supply
                        Winnipeg-produced replacement parts for the tractor
                        lines to the New Holland organization on an ongoing
                        basis.

                        With strong global brands, CNH N.V. is a leader in the
                        agricultural equipment, construction equipment and
                        financial services industries and had combined 1999
                        revenues of approximately $11 billion. Based in the
                        United States, 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, Fiatallis, Fiat-Hitachi,
                        Link-Belt earth moving equipment, New Holland, O&K and
                        Steyr.





                        - CNH Global N.V. Administrative Offices 700 State
                        Street Racine, WI 53404 U.S.A. http://www.cnh.com -



<PAGE>   3


                                   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
                                           -------------------------------------
                                               Kevin J. Hallagan
                                               Vice President, Associate General
                                               Counsel and Assistant Secretary



July 21, 2000





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission