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Toyota Industries to reduce stake in Aichi, partners with Itochu

March 19, 2025 at 12:01 PM UTCBy FilingReader AI

Toyota Industries Corporation [TSE:6201] announced plans to alter its relationship with consolidated subsidiary Aichi Corporation, a manufacturer of specialized industrial vehicles. In a series of coordinated transactions, Toyota Industries will participate in a tender offer for Aichi’s shares and then sell a portion of its remaining holdings to Itochu Corporation, which will become a major shareholder.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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