Home / Asia Pacific / Komatsu to buy US mining equipment rival Joy Global in US$3.7 billion deal

Komatsu to buy US mining equipment rival Joy Global in US$3.7 billion deal

Japanese mining equipment maker Komatsu Ltd has agreed to buy its smaller U.S. rival Joy Global Inc for about US$3.7 billion including debt, its biggest-ever acquisition, to boost its clout in the mining industry.
Source: Asia Pacific

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