Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal-March 2024-www.financetom.com

Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal

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Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal

Mar 13, 2025 3:06 PM

March 13 (Reuters) - Recycled metal products maker

Radius Recycling ( RDUS ) said on Thursday it had entered into a

definitive merger agreement with Toyota Tsusho America, a U.S.

subsidiary of Toyota Tsusho Corp. ( TYHOF )

Toyota Tsusho America will acquire all shares of Radius for

$30 per share in cash, implying a total enterprise value of

about $1.34 billion.

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