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Toyota chairman proposes possible $42 billion acquisition of Toyota Industries, Bloomberg reports

By Thomson Reuters Apr 25, 2025 | 5:26 AM

TOKYO (Reuters) -Toyota Motor Chairman Akio Toyoda has proposed the acquisition of supplier Toyota Industries in a possible 6 trillion yen ($41.8 billion) deal, Bloomberg News reported on Friday.

($1 = 143.5300 yen)

(Reporting by Satoshi Sugiyama and Kiyoshi TakenakaEditing by David Goodman)