Truck M&A: Hino Motors and Mitsubishi Fuso Truck and Bus may join forces

Chessboard with chess pieces and wooden blocks with the word mergers and acquisitions

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Toyota Motor Corporation (NYSE:TM) Hino Motors unit and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany's Daimler Truck (OTCPK:DTRUY), are moving to finalize a merger agreement, according to Nikkei Asia.

Sources indicate that the two auto groups aim to

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