financetom
Business
financetom
/
Business
/
Market Chatter: Toyota Motor Expected to Acquire Toyota Industries for $42 Billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Toyota Motor Expected to Acquire Toyota Industries for $42 Billion
Jun 2, 2025 9:08 AM

11:41 AM EDT, 06/02/2025 (MT Newswires) -- Toyota Motors (TM) and its other group of companies are expected to acquire Toyota Industries in a deal worth about 6 trillion yen ($42 billion) and take it private, Nikkei Asia reported Monday.

The deal could be announced as early as Tuesday, according to the report.

Toyota Motor ( TM ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 188.36, Change: -2.24, Percent Change: -1.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Yen slumps after Japan's election, dollar set for biggest monthly rise in 2-1/2 years
Yen slumps after Japan's election, dollar set for biggest monthly rise in 2-1/2 years
Nov 3, 2024
SINGAPORE (Reuters) -The yen sank to a 3-month low on Monday as investors figured the loss of a parliamentary majority for Japan's ruling coalition in weekend elections would slow interest rate rises, while the U.S. dollar headed for its biggest monthly gain since April 2022. In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06...
Elbit Systems Wins $200 Million Laser System Supply Contract From Israel
Elbit Systems Wins $200 Million Laser System Supply Contract From Israel
Nov 3, 2024
04:41 AM EDT, 10/28/2024 (MT Newswires) -- Elbit Systems ( ESLT ) said Monday it won a contract worth $200 million from the Israeli Ministry of Defense to supply high-power laser systems. The contract calls for the delivery of laser systems for the country's Iron Beam air defense project and includes ongoing support services, the company said. Price: 212.85, Change:...
Eli Lilly gets nod to launch weight-loss drug in Hong Kong - Bloomberg News
Eli Lilly gets nod to launch weight-loss drug in Hong Kong - Bloomberg News
Nov 3, 2024
Oct 27 (Reuters) - Eli Lilly ( LLY ) expects to start selling its weight-loss drug in Hong Kong as early as the end of this year, Bloomberg News reported on Sunday. The company has received the Hong Kong government approval to sell its tirzepatide injections - branded as Mounjaro - in a device called Kwikpen for both long-term weight...
LENZ Therapeutics, Corxel Pharmaceuticals Say Vision Decline Treatment Met Primary Phase 3 Endpoint
LENZ Therapeutics, Corxel Pharmaceuticals Say Vision Decline Treatment Met Primary Phase 3 Endpoint
Nov 3, 2024
04:35 AM EDT, 10/28/2024 (MT Newswires) -- LENZ Therapeutics ( LENZ ) and Corxel Pharmaceuticals on Sunday reported positive topline data from a phase 3 clinical trial in China of LNZ100 in patients with presbyopia, a condition that results in a progressively worsening ability to see nearby objects clearly. The companies said the study met its primary endpoint, with 74%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved