Toyota Motor weighs US$42bn buyout of Toyota Industries

By / / Automotive / 1 minute of reading


The proposal, said to be led by chairman Akio Toyoda, would allow Toyota to exert greater control over its supplier network. By Stewart Burnett

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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Toyota Motor weighs US$42bn buyout of Toyota Industries



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