UPDATE 1-Joy Global to buy 41 pct of China's IMM
7:28 AM | Author: Inhiptwit36
NEW YORK, July 14 (Reuters) - Mining equipment maker Joy
Global Inc said it would buy a 41 percent stake in
China's International Mining Machinery Holdings Ltd
(IMM) for $585 million to expand in the Chinese coal market,
the world's largest.

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/2wqV4SJEMDM/imm-joyglobal-idUSN1E76D0FE20110714

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