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CNH Industrial to split business in two, list truck and bus division

Industrial vehicle maker CNH Industrial said on Tuesday it planned to split its operations in two to create two more focused businesses.

MILAN, Sept 3 (Reuters) - Industrial vehicle maker CNH Industrial CNHI.MI, CNH.N said on Tuesday it planned to split its operations in two to create two more focused businesses.

CNH Industrial plans to complete the revamp by early 2021, creating a company to run its agriculture and construction operations and another, which it would publicly list, to run its truck, bus and engine assets.

(Reporting by Giulio Piovaccari, editing by Valentina Za)

((giulio.piovaccari@thomsonreuters.com; +39 02 6612 9743; Reuters Messaging: giulio.piovaccari.thomsonreuters.com@reuters.net))

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