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Express News | [Change Report] Mitsui Sumitomo Trust Bank reported an increase in its Shareholding in Yamaha Motor (7272.JP) to 5.36%.
American Zipline leads the way in drone delivery services.
Zipline, a startup company focused on Drone (unmanned aerial vehicle) delivery, is reported to be one step ahead of competitors like Amazon.com and Google's parent company Alphabet. Recently, Zipline unveiled a system that allows 'teleportation' to the backyards, driveways, and parking lots of homes across the USA. <9513> J-Power <6232> ACSL <2327> NSSOL <6701> NEC <2331>
Kubota, Koito Manufacturing Company ETC [List of stock materials from newspapers]
*Kubota <6326> launches 9-ton and 11-ton excavators, procured from a major Swiss company via OEM (Nikkan Kigyo, Page 3) - ○ *Mitsubishi UFJ <8306> Mitsubishi UFJ Trust Bank expands its business in Overseas and new ventures (Nikkan Kigyo, Page 4) - ○ *Yamaha Motor <7272> acquires a subsidiary for the e-kit business used in electric assist bicycles from a German company (Nikkan Kigyo, Page 8) - ○ *Koito Manufacturing <7276> restructures its subsidiary in China, establishing a two-site system for automotive lamps (Nikkan Kigyo, Page 8) - ○ *Ryobi <5851> starts Giga Casting.
BRP Brief: Selling Its Telwater Business to Yamaha Motor Australia; Shares Down 2% Near 52 Week Lows In US Premarket
Yamaha Corporation has entered into a stock purchase agreement to acquire all the Stocks of Australian Telwater Pty Ltd.
Yamaha Corporation announced on the 1st that its group company, Yamaha Motor Australia, has signed a stock purchase agreement with Canada's BRP, through which BRP's subsidiary will acquire all shares of the Australian Aluminum boat manufacturing company Telwater. Telwater boasts one of the largest production and sales volumes of boats in the Southern Hemisphere. It is the most popular Aluminum boat in Australia.
Press Release: BRP to Sell Its Telwater Business to Yamaha Motor Australia