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Japan’s Komatsu is buying Joy Global for $3.7 billion

Cecilia Jamasmie | July 21, 2016 | 3:43 am Asia Europe 

Japanese manufacturer of mining equipment Komatsu (TYO: 6301) will buy US-based competitor Joy Global (NYSE:JOY) in a transaction valued at $3.7 billion, the latest takeover in a string of outbound M&A deals by Japanese companies encouraged by a strong yen....

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