Komatsu Ltd. (KMTUF)
- Zacks
Komatsu (KMTUY) Inks Deal to Buy American Battery Solutions
Komatsu (KMTUY) announces plans to buy American Battery Solutions to manufacture its battery-powered construction and mining equipment.
- Business Wire
Komatsu announces plans to acquire American Battery Solutions
CHICAGO, November 20, 2023--Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results is estimated to be minimal.
- Zacks
Is Komatsu (KMTUY) Stock Undervalued Right Now?
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