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Toyota Fudosan acquires Toyota Industries for $ 33 billion

Toyota Fudosan acquires Toyota Industries for $ 33 billion

Toyota Industries Corp. The development company Toyota Fudosan Co., headed by the chairman of the board of directors Toyota Motor Corp. Akio Toyodoy.

Toyota Industries reports that Toyota Fudosan will buy the company's shares from Toyota Motor Corp., Aisin Corp., Denso Corp. and Toyota Tsusho Corp. As a result of the Toyota Industries transaction, which produces a wide range of industrial goods and is the supplier of Toyota Motor, will become a non -public company.

Toyota Industries will be sold at a price of 16,300 yen, which is 11% lower than their cost at the time of the market closing on Monday, according Aisina.

A total of 4.7 trillion yen ($ 32.9 billion) will require a total of 4.7 trillion, writes Bloomberg with reference to the representative of Toyota Industries. Holding for buying Toyota Industries. Toyota Fudosan invests in the holding

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