Toyota Explores Toyota Industries Buyout
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Toyota Chairman Akio ToyodaReuters
•World
World
Toyota considers investing in potential $42 billion buyout of key supplier

78% Informative
Toyota Motor said it is exploring the possibility of investing in a potential buyout of Toyota Industries .
Bloomberg News reported on Friday that Toyota Chairman Akio Toyoda and his founder family have proposed acquiring Toyota Industries in a possible 6 trillion yen ( $42 billion ) deal.
Toyota Industries said in a statement it had received proposals about going private through a special purpose company but denied a buyout proposal from the Toyota chairman or the Toyota group.
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