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Japan's Toyota Industries to acquire Siemens Logistics for $327 million

( November 1, 2024, 08:55 GMT | Official Statement) -- MLex Summary: Toyota Industries, a member of the Toyota Motor group, has agreed to acquire all the shares of Siemens Logistics from Siemens for 300 million euros ($327 million). The Japanese autoparts maker said that the acquisition of the Germany-based company is subject to approvals from regulatory authorities and is expected to be completed during the 2025 calendar year. The statement is attached....

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