Toyota (TM) is exploring the possibility of investing in a potential buyout of parts supplier Toyota Industries, which could reportedly cost $42B, Maki Shiraki and Makiko Yamazaki of Reuters reports. Two sources familiar with the matter said Toyota Industries is considering tapping Toyota, its group companies, and major banks to fund a buyout.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TM:
- Car Sales Spike as 25% Tariffs Loom for Auto Industry
- Trump Trade: Auto makers exempt from some U.S. tariffs
- Trump to exempt auto makers from some U.S. tariffs, FT says
- Quantum Leap: Sealsq unveils Quantum AI Framework at UN event
- Pony AI unveils Robotaxi lineup, targets mass production from mid-2025