Activist investor Elliott Investment Management is considering a tender offer for Toyota Industries , the Nikkei business daily reported on Wednesday, in what could further complicate an effort by the Toyota group to take the forklift maker private.
Elliott has criticised the auto group’s bid for Toyota Industries, at 18,800 yen ($123.21) a share, as too low, calling on shareholders not to tender into the revised offer price.
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The take-private plan, first proposed last June at 16,30… [702 chars]
Source: Reuters | Published: 2026-01-28T09:09:23Z
Credit: Reuters
