Toyota Industries receives $33 billion buyout offer from group companies

This deal could mark a pivotal moment as Toyota Industries transitions to private ownership, potentially granting the founding family greater control over one of Japan’s most significant industrial empires. The $33 billion offer represents a tender price below current market value for Toyota Industries’ shares, while the acquiring group aims to purchase an estimated $4.7 trillion worth of assets under the deal. A new holding company will be established to oversee the acquisition, with investments from Toyota Motor and its chairman Akio Toyoda playing key roles in structuring the transaction.