Komatsu Ltd. (JP:6301) has released an update.
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Komatsu Ltd. has announced its decision to acquire all shares held by UMW Corporation in UMW Komatsu Heavy Equipment, turning it into a wholly-owned subsidiary. This strategic move aims to bolster Komatsu’s competitiveness in Southeast Asia and Papua New Guinea’s construction and mining equipment markets. The acquisition is part of Komatsu’s plan for sustainable growth in these regions.
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