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News  ›  Benzinga

Titan Machinery Announces Divestiture of its Dealership Operations in Germany

Benzinga Logo Benzinga By Globe Newswire
Titan Machinery Announces Divestiture of its Dealership Operations in Germany

Titan Machinery plans to sell its dealership operations in Germany through two asset sale transactions, supporting CNH Industrial's dual-brand strategy and focusing on optimizing global market performance.

Insights
BACpO   neutral

Buffett is gradually selling Bank of America stock due to increased valuation and changing interest rate environment, suggesting a pragmatic investment approach


TITN   neutral

Company is strategically exiting the German market to improve returns and focus on more profitable regions