Toyota Motor weighs US$42bn buyout of Toyota Industries
Toyota Motor is exploring a potential buyout of its key supplier, Toyota Industries, in a deal reportedly valued at JP¥6tr (US$42bn). The proposal, led by Toyota Chairman Akio Toyoda and his founding family, would make Toyota Industries private through a special purpose company.
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Originally posted on: https://www.automotiveworld.com/news/toyota-motor-weighs-us42bn-buyout-of-toyota-industries/