Daimler Truck : A new strategic and value accretive deal
>Merger project in Asia - Yesterday morning, Daimler Truck announced a planned merger between its Mitsubishi Fuso Truck and Bus Corporation (MFTBC) brand and Hino Motors, a Japanese truck player owned by Toyota (50% ownership stake). This deal will create a new group, listed on the Japanese market with equal stakes at Daimler Truck and Toyota (and a share of free float), thus leading to the deconsolidation of MFTBC. The two groups hope to sign the deal by Q4 2023/Q1 ...
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