Daimler Truck, Mitsubishi Fuso, Hino And Toyota Motor Corporation Enter Into Definitive Agreements To Integrate Mitsubishi Fuso And Hino Motors
Reuters
10 Jun
June 10 (Reuters) - DAIMLER TRUCK HOLDING AG :: *DAIMLER TRUCK, MITSUBISHI FUSO, HINO AND TOYOTA MOTOR CORPORATION ENTER INTO DEFINITIVE AGREEMENTS TO INTEGRATE MITSUBISHI FUSO AND HINO MOTORS *START OF BUSINESS OPERATIONS OF THE NEW LISTED HOLDING COMPANY TARGETED FOR APRIL 2026 *NEW LISTED HOLDING COMPANY IS EXPECTED TO COMMENCE OPERATIONS IN APRIL 2026 *KARL DEPPEN IS TO BECOME CEO OF THE HOLDING COMPANY *IT IS INTENDED TO LIST THE HOLDING COMPANY ON THE PRIME MARKET OF THE TOKYO STOCK EXCHANGE *THE HOLDING COMPANY INTENDS TO HOLD 100% OF MITSUBISHI FUSO AND HINO *DAIMLER TRUCK AND TOYOTA INTEND TO EACH HOLD A 25% STAKE IN THE (LISTED) HOLDING COMPANY OF THE INTEGRATED MITSUBISHI FUSO AND HINO *Further company coverage: [DTGGe.DE] * (Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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