We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Ode to Joy

21 July 2016 By Quentin Webb

The Japanese machinery-maker has agreed to buy the U.S. mining equipment firm for $3.7 bln including debt. Komatsu is brave in calling the bottom of the cycle. It is paying a rich price, may struggle to cut costs, and is adding a lot of exposure to the troubled coal sector.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)