Reported about 4 hours ago
Toyota's Hino Motors and Daimler's Mitsubishi Fuso Truck and Bus are moving towards finalizing their merger agreement to form a holding company for their truck operations, with plans for an April 2026 listing on the Tokyo Stock Exchange. The merger, agreed in May 2023, was initially set for late 2024 but faced delays. An antitrust review is nearing completion, and the merger could be finalized as soon as May.
Source: YAHOO