Komatsu to acquire Joy Global for $3.7 billion

Komatsu Ltd has entered an agreement to purchase Joy Global Inc for a total deal value of $3.7 billion, including debt. The acquisition aims to expand Komatsu's presence in underground mining equipment.

“The mining market is near the bottom now. Now is the good time (to do the acquisition).”miningdigital.com

• 1 source
• miningdigital.comOne for sorrow, $2.9billion for Joy: Komatsu to buy U.S rival Joy Global | Mining DigitalDale BentonMay 17, 2020

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