From Yahoo Finance: 2025-04-25 06:26:00

Toyota Motor Chairman Akio Toyoda has proposed acquiring supplier Toyota Industries in a possible $42 billion deal, reshaping Japan Inc. Toyota Industries has formed a special committee to examine the offer. The deal would give Toyoda full control of a major firm within the Toyota group, with financing from personal investment and loans from Japan’s “megabanks.”

The proposed $42 billion offer is around a 40% premium to Toyota Industries’ price as of Friday’s close. Japan has seen a surge in management buyouts and corporate acquisitions, driven by expectations of better shareholder returns and a recovering economy. However, not all deals have been successful, as seen with the failed management buyout offer for Seven & i Holdings in February.



Read more at Yahoo Finance: Toyota chairman proposes $42 billion acquisition of Toyota Industries, Bloomberg reports