Taisei Corp (1801.T)
23 Feb 2018
Tue, Dec 19 2017
* Four firms allegedly agreed to collude since around 2011-Yomiuri
TOKYO, Dec 20 Shares of Taisei Corp fell more than 4 percent on Wednesday after a media report that the Japanese construction firm had asked rival Obayashi Corp to refrain from bidding on a project for magnetic levitation (maglev) trains.
TOKYO Tokyo prosecutors raided the headquarters of Japanese construction firms Taisei Corp and Obayashi Corp on Tuesday over alleged antitrust violations linked to $80 billion worth of magnetic levitation (maglev) train projects.
* Taisei and Obayashi raided over suspected antitrust violations
TOKYO, Dec 19 Tokyo prosecutors raided the headquarters of Japan's Taisei Corp on Wednesday over alleged antitrust violations linked to $80 billion worth of magnetic levitation (maglev) train line projects, a company spokesman said.