Toyota Industries offers $33bn buyout as family seeks tighter control
Toyota Industries Corp. has received a ¥5.2 trillion ($33 billion) proposal to go private, marking one of the largest buyouts globally. The tender offer is priced at ¥16,300 per share—11% below the company’s most recent closing price. A new holding company will be created to carry out the transaction, with backing from Toyota Motor Corporation, […]