Toyota Motor raises take private offer for biggest subsidiary to $34bn
Japanese carmaker increases price proposal by 15% following criticism from activist investors and shareholders
Japanese carmaker increases price proposal by 15% following criticism from activist investors and shareholders

Japanese group raises offer to privatise largest subsidiary after campaign by Elliott

$33bn take-private deal for the forklift truckmaker has prompted ‘bad-old-days’ complaints from some investors

World’s biggest carmaker sells record 10.5mn vehicles last year on strong demand for hybrids

The company is relying on a $48mn infusion from automakers to continue operating

Toyota and Daimler Truck broker deal to help scale up investments in electric and hydrogen-powered commercial vehicles

Detroit carmaker has secured a $3bn credit line to prepare for rising cash pressure