TOKYO -- Toyota Industries, a key parts supplier to Toyota Motor, has accepted a takeover bid by companies in the group that are set to pay 3.7 trillion yen ($26bn) to take the company private.
Cooperation in Toyota group to be strengthened by delisting, says parts supplier

A Toyota Industries' forklift: The 99-year-old company has accepted a buyout proposal from group companies to take the company private. © Kyodo
TOKYO -- Toyota Industries, a key parts supplier to Toyota Motor, has accepted a takeover bid by companies in the group that are set to pay 3.7 trillion yen ($26bn) to take the company private.