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Event Brief
Mar 2, 2026 at 3:03 AM ET

Toyota Raises Buyout Bid for Unit, Ending Standoff

By The BriefBrief
Toyota increases its offer for Toyota Industries to ¥20,600 per share, resolving a dispute with Elliott Investment Management.
WHO: Toyota, Elliott Investment Management
WHAT: Increased buyout bid for Toyota Industries
WHEN: Mar 2, 2026 at 1:20 AM ET
WHERE: Location not specified
WHY: To resolve a standoff and privatize Toyota Industries
Sources (3): Financial Times, Japan Times, Nikkei Asia

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