Deals
Tokyo Century Buys Fifth of Yoma Strategic Auto Leasing Unit
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Tokyo Century Corp. will buy a fifth of Yoma Strategic Holdings Ltd.’s vehicle leasing business in a bid to expand in Myanmar and explore further collaboration with the Southeast Asian conglomerate.
The Japanese leasing services firm will buy a 20 percent stake in Yoma Fleet via newly issued shares for $26.6 million, Yoma Group said in a statement.