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Toyota, Daimler Truck near deal to merge units, Nikkei Asia says

Toyota Motor (TM) unit Hino Motors and Daimler Truck (DTRUY) subsidiary Mitsubishi Fuso Truck and Bus are moving to finalize a merger agreement, according to Nikkei Asia. The two auto groups aim to establish a holding company for the truck units and list it on the Tokyo Stock Exchange’s Prime market next year, the report added.

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