TOKYO -- Japanese construction company Taisei will acquire Toyo Construction by buying all of its shares through a takeover bid or other transaction, Nikkei has learned.
Business deals
Japan's Taisei to acquire Toyo Construction in $1.1bn deal
Acquisition likely to be the largest buyout in country's construction industry
The combined revenues of Taisei and Toyo Construction will be about 2.32 trillion yen ($15.7 billion) for the financial year ended in March, which is nearly that of Obayashi, Japan's second-largest construction company. (Source photos by Kaisuke Ohta)
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