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The Economic Times

Business / The Economic Times

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Toyota Industries' shares hit record as market hopes for higher buyout offer

Shares of forklift maker Toyota Industries reached a record high today. This surge followed an improved offer from Toyota Motor. Investors are trading above the new price, anticipating an even better deal. The initial proposal faced criticism for its unclear valuation. Toyota Motor raised its bid by 15% to 18,800 yen per share. The tender period is now open.

15 Jan 2026 8:56 am