Why the Buyout of Toyota Industries Faces Investor Resistance
Toyota Industries Corp. — established nearly a century ago to commercialize automated textile looms — laid the foundations for what has become Japan’s largest business group. Now the conglomerate is...
By Nicholas Takahashi · Bloomberg
Toyota Industries Corp. — established nearly a century ago to commercialize automated textile looms — laid the foundations for what has become Japan’s largest business group. Now the conglomerate is seeking to reclaim the listed company’s future by taking it private at a valuation of ¥6.1 trillion ($39 billion).