Toyota Motor is considering various options, including a partial investment, in a potential acquisition of Toyota Industries, a crucial parts supplier. Speculations indicate a $42 billion transaction; however, Toyota Industries refutes receiving any formal offer. This strategic move could potentially streamline cross-shareholdings and enhance corporate governance, enabling Toyota Industries to concentrate on sustainable long-term development.

Posted in
JUST IN
Toyota Motor considers partial investment in Toyota Industries for potential buyout, aiming to enhance governance and growth.
In Trend

China lowers minimum purchase for tax refunds to 200 yuan, aims to boost domestic consumption with easier process.
