Elliott, seeking higher Toyota Industries buyout, adds to stake - News Summed Up

Elliott, seeking higher Toyota Industries buyout, adds to stake


(Jan 22): Elliott Investment Management disclosed that it now owns more of Toyota Industries Corp, as the activist fund pushes for a better deal in the Toyota group’s bid to take the company private. The investor now has a 6.7% stake in Toyota Industries, up from 5% in November, according to a filing on Thursday. That makes Elliott the second-biggest shareholder in Toyota Industries, after Toyota Motor Corp and its affiliates. That translates into more than 20% of issued stock in Toyota Industries. The tender period for Toyota Industries began Jan 15 and will run through Feb 12.


Source: The Edge Markets January 22, 2026 08:54 UTC



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