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Toyota Industries closes purchase of Vanderlande Industries Holding

Toyota Industries Corp. on May 18 completed its acquisition of Vanderlande Industries Holding BV for a transaction value of ¥140.00 billion (US$1.26 billion).

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Loyens & Loeff NV and White & Case Advokat AB were the legal advisers for Toyota Industries.