Notice Concerning Scheduled Start of Tender Offer for Yachiyo Industry Shares
TOKYO, Japan, July 4, 2023 – Honda Motor Co., Ltd. (Honda) today announced that it has signed a basic agreement with Yachiyo Industry Co., Ltd. (Yachiyo), a consolidated subsidiary of Honda, and SMRC Automotive Holdings Netherlands B.V. (Motherson), a group company of Samvardhana Motherson International Limited (Motherson Group), to work toward the sustainable growth of Yachiyo. Honda also decided to acquire the shares of Yachiyo through a public tender offer for the purpose of making Yachiyo a wholly owned subsidiary of Honda.
Notice Concerning Scheduled Start of Tender Offer for Yachiyo Industry Shares
2023-07-04 23:04