Komatsu Has No Plans to Buy Joy Global After Study, CEO Says
July 11, 2012
Komatsu Ltd. (6301), the world’s second- biggest maker of dump trucks, has no plans to bid for Joy Global Inc. (JOY) after studying the U.S. company as there are few synergies to aid its foray into underground mining equipment. “While we often consider mergers and acquisitions, it wouldn’t be beneficial for us to do so […]
