CNH Industrial N.V. (NYSE: CNHI) completed its planned demerger with Iveco Group N.V. on December 31. Shares of CNH Industrial, a global leader in the capital goods, equipment, and services catering to agriculture and construction workers, gained 1.2% on December 31 to close at $19.43. According to the planned demerger, from January 1, 2022, Iveco Group business segments will operate independently and separately from CNH Industrial. Iveco Group will become a publicly listed company and its common shares will commence trading on the regulated market of Euronext Milan on January 3, 2022 under the ticker symbol ‘IVG’.
https://www.tipranks.com/news/cnh-industrial-completes-demerger-with-iveco-group-shares-rise?utm_source=advfn.com&utm_medium=referral