News

By Maki Shiraki TOYOTA CITY, Japan (Reuters) -Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday, highlighting support among mom-and-pop investors even as the Japanese ...
DETROIT] Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing ...
Toyota Industries Corp., the original company that brought forth the world’s biggest carmaker, will be privatized for ¥4.7 trillion ($33 billion) by a group led by Akio Toyoda — a move that could hand ...
Toyota Motor will take forklift-maker Toyota Industries private in a $33 billion deal, the companies said on Tuesday, a landmark unwinding of cross-shareholding that is likely to strengthen the ...
Toyota Motor Corp. Chairman Akio Toyoda has proposed a buyout of Toyota Industries Corp., people familiar with the matter said, seeking to consolidate his grip on Japan’s biggest business empire ...
Widespread criticism of the Toyota group’s ¥4.7 trillion ($33 billion) plan to privatize Toyota Industries Corp. at a large discount to the company’s current share price is fueling doubts ...
Toyota Motor’s biggest subsidiary has received a ¥4.7tn ($33bn) take-private proposal that includes ¥1bn of chair Akio Toyoda’s personal money, in a deal that will reshape Japan’s largest ...
The buyout consortium’s actual offer on June 3 squelched those hopes: all shareholders except Toyota Motor would get 16,300 yen a share, a 23% premium. Line chart showing stock price for Toyota ...
The Toyota group’s proposal to privatize Toyota Industries Corp. is drawing criticism from investors and analysts, who argue the 4.7 trillion yen ($33 billion) deal significantly undervalues the ...
Toyoda’s buyout plan comes as Toyota seeks to rebuild trust in its governance after a series of regulatory scandals were uncovered at a pair of subsidiaries that included Toyota Industries.
Toyota Industries’ board is set to discuss a buyout proposal valued at $42bn, which could take the company private.
Shares of Toyota Industries slumped as much 13% after Toyota group’s 4.7 trillion yen ($33 billion) plan to privatize the former.