16:16 - 3.06.2025

---

June 3, Fineko/abc.az. Toyota Industries will become a private company - the securities will be bought out of the market through a tender offer from Toyota developer Fudosan.

ABC.AZ informs that the sellers will be Toyota Motor, Denso, Aisin and Toyota Tsusho. The total amount of the deal could reach 4.7 trillion yens ($32.9 billion).

A holding company with investments from Toyota Motor and Akio Toyoda, the chairman of the Board of Directors of Toyota Motor Corporation, will be created for the buyout. Toyota Motor now owns 24.2% of Toyota Industries, and Industries itself owns about 9% of Toyota Motor. The company's securities have grown by 40% since the end of April.