TOKYO -- Shares in Toyota Industries, a key parts supplier to Toyota Motor, extended their gains on Wednesday on news of a potential buyout to take the company private for 6 trillion yen ($42 billion).
Equities
Toyota Industries soars 29% in two-day rally on buyout proposal
Toyota Motor reportedly considering taking subsidiary private
Toyota Industries climbed roughly 5% from Monday's close to 17,050 yen at one point, bringing its market value to around 5.5 trillion yen. (Photo by Kazumi Saito)
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