03:07 PM EDT, 10/06/2025 (MT Newswires) -- Toyota Motor's ( TM ) proposed buyout of Toyota Industries has been delayed, with a tender offer now expected no earlier than February 2026 due to extended antitrust approvals, Bloomberg reported Monday.

A holding company that includes Toyota Motor ( TM ), Toyota Fudosan and Toyota ( TM ) Chairman Akio Toyoda as investors will make a tender offer for Toyota Industries shares at 16,300 Japanese yen ($108.45) per share, media reports said.

The Bloomberg report values the deal at 4.7 trillion yen while Reuters said the value of the tender offer is around 3.7 trillion yen.

As part of the transaction, Reuters said Toyota ( TM ) and its group companies Denso, Toyota Tsusho and Aisin will sell their stakes in Toyota Industries and purchase their own shares held by Toyota Industries, with Toyota's ( TM ) portion expected at around 1 trillion yen.

Mitsubishi UFJ Financial ( MUFG ) , Sumitomo Mitsui, and Mizuho will provide 2.8 trillion yen in loans for the acquisition, while Akio Toyoda will personally invest 1 billion yen in the holding company, according to Bloomberg.

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

Shares of the company were up 2.3% in recent trading.

Price: 199.05, Change: +4.46, Percent Change: +2.29