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Joy as Doosan breaks Montabert pact

Doosan has sold 100 percent of the shares of Montabert S.A.S. (France) to Joy Global Inc., a leading supplier of advanced equipment, systems and services for the global mining industry.  Joy Global is listed on the New York stock exchange and employs 14,000 employees in 20 countries. Montabert’s products and equipment fit Joy Global’s core business of designing, manufacturing, distributing and servicing high productivity mining equipment. This evolution will provide Montabert and its employees with the opportunity to work for a global mining equipment business that is active in all…

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