Toyota To Acquire Daihatsu: Official

Toyota has confirmed it will buy the remaining 49 percent it doesn't own of fellow Japanese brand Daihatsu in a deal worth approximately $3.2 billion. The deal will entail a share exchange and should be completed by August. It was only on Wednesday that Toyota, which has owned 51 percent of Daihatsu since 1988, announced it was considering such a...

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