Honda to transfer shares in Yachiyo Industry to Motherson Group, India

On July 4, Honda Motor Co., Ltd. (Honda) announced that it will transfer the shares of its consolidated subsidiary, Yachiyo Industry Co., Ltd. (Yachiyo Industry), to Motherson Goup. Honda will acquire the share of Yachiyo Industry through a public tender offer to make it a wholly owned subsidiary, and then Honda plan....

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