Toyota says deal to take key supplier private delayed to February or later
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Toyota says deal to take key supplier private delayed to February or later

by Inkhabar webdesk
Toyota says deal to take key supplier private delayed to February or later

TOKYO (Reuters) -Toyota Motor said on Monday that its tender offer for forklift maker Toyota Industries is now likely to begin in February or later, pushing back a previously expected early December launch. The Toyota group had said in June that Toyota Industries would be taken private through a holding company into which Toyota Motor, Toyota Fudosan and Toyota chairman Akio Toyoda would invest, and that the tender offer would start after receiving regulatory approval. (Reporting by Daniel LeussinkEditing by Chang-Ran Kim)

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