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NTT, Toyota agree business, capital alliance to develop smart cities

Tuesday 24 March 2020 | 15:44 CET | News
Toyota Motor and NTT entered into a memorandum of understanding concerning a business and capital alliance. The companies plan to build a long-term relationship that enables the commercialisation of smart city businesses. As part of the deal, Toyota will acquire 80.8 million shares in NTT, and NTT will receive 29.7 million Toyota shares. 

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Categories: General
Companies: NTT
Countries: Japan / World
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