LONDON -- Minority shareholders are set to lose out on Toyota group's bid for Toyota Industries because the tender offer is at a "really low price," according to the co-founder of British investment firm Zennor Asset Management.
Zennor co-founder David Mitchinson says tender offer should be 20% higher

Toyota Industries has agreed to Toyota Motor's buyout, the companies said on June 3. (Source photos by Nikkei)
LONDON -- Minority shareholders are set to lose out on Toyota group's bid for Toyota Industries because the tender offer is at a "really low price," according to the co-founder of British investment firm Zennor Asset Management.