Japan's Toyota Industries to Go Private

Japan's Toyota Industries to Go Private

   Nagoya, June 3 (Jiji Press)--Japan's Toyota Motor Corp. and group companies said Tuesday that they will take machinery maker Toyota Industries Corp. private through a tender offer.
   The move is aimed at reorganizing complex capital relationships among group companies. The total acquisition cost is estimated at 4.7 trillion yen.

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.