Toyota Industries Private Deal
This is a news story, published by CNBC, that relates primarily to Toyota Industries news.
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Japanese firmsCNBC
•Business
Business & Economics
Toyota Industries' shares nosedive on $33 billion buyout deal — steepest fall in 10 months

91% Informative
Toyota Industries slumped as much as 13% Wednesday , after Toyota Group's reported 4.7 trillion yen ( $33 billion ) deal to take the company private.
Deal includes a tender offer of $26 billion for shares of Toyota Industries at 16,300 yen apiece.
Deal comes at a time when Japanese firms are facing pressure from both regulators and investors to unwind long-established cross-shareholding ties.
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