Germany's Wacker Neuson says acquisition talks will stop with Doosan Bobcat

Core Viewpoint - Wacker Neuson has announced that discussions regarding the acquisition of a majority stake by South Korea's Doosan Bobcat will not proceed [1] Company Summary - Wacker Neuson is a German construction equipment manufacturer [1] - The company was in talks with Doosan Bobcat for a potential acquisition [1] Industry Context - The construction equipment industry is witnessing consolidation efforts, as companies seek to enhance their market positions through acquisitions [1]