Toyota Motor is considering various options, including a partial investment, in a potential acquisition of Toyota Industries, a crucial parts supplier. Speculations indicate a deal worth $42 billion; however, Toyota Industries has refuted claims of receiving a formal proposition. This strategic move aims to unravel cross-shareholdings and enhance corporate governance, enabling Toyota Industries to concentrate on sustainable, long-term expansion.
Toyota Motor considers partial investment in Toyota Industries in $42 billion deal, aiming to improve governance and growth.
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