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Toyota Agrees to Hike Acquisition Bid for Toyota Industries by 15%
2026-01-14 /
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Author：小编
On January 14, Toyota Motor Corporation made a public announcement, stating that it intended to increase its offer price for the shares of Toyota Industries Corporation that it does not currently own. The new offer stands at 18,800 yen per share, which represents a 15% uptick from the initial bid of 16,300 yen per share made back in June of the previous year. This particular tender offer is set to kick off on the 15th and will run through until February 12. As a result of this adjusted offer, the estimated valuation of the acquisition target has soared to 6.1 trillion yen (equivalent to roughly $39 billion).
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