Joy Global (JOYG) is reportedly in talks to buy China's International Mining Machinery Holdings...

|About: Joy Global Inc. (JOY)|By:, SA News Editor

Joy Global (JOYG) is reportedly in talks to buy China's International Mining Machinery Holdings (ICMHF.PK), a maker of coal-mining equipment. China is the world's largest coal mining market, and a deal could help Joy Global block (or at least slow) rival Caterpillar (CAT) from gaining further scale in the country.