07:29 AM EDT, 10/06/2025 (MT Newswires) -- Toyota Motor ( TM ) Chairman Akio Toyoda's proposal to buy out Toyota Industries has been delayed amid a longer-than-expected approval process under antitrust laws in various countries, Bloomberg News reported Monday, citing Toyota Industries.

The takeover bid was scheduled to begin in December, but is now unlikely to happen until at least February next year, the news outlet reported

The deal involves a real estate unit owned by group companies making a tender offer for Toyota Industries shares, according to the report.

The company didn't immediately respond to MT Newswires' request for comment.

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