Taisei Acquires Control of Toyo Construction Through Tender Offer

Taisei Corp, a Japanese civil engineering and construction company, has gained control of Toyo Construction following a tender offer. Taisei is primarily engaged in civil engineering, construction, and development, with associated businesses in contract research, technology provision, and environmental measurement, among others. The acquisition is expected to expand Taisei's portfolio and strengthen its position in the Japanese construction market.