The companies expect to sign a definitive agreement in the first quarter of next year.
Daimler Truck Holding and Toyota Motor Corp on Tuesday announced their non-binding agreement to combine their truck units in Japan.
The shares of the new company are expected to be listed on the Prime Market of the Tokyo Stock Exchange.Sopa Images | Lightrocket | Getty Imagesand Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine the businesses of their truck units in Japan. The shares of the new company are expected to be listed on the Prime Market of the Tokyo Stock Exchange.
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