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Reuters

Elliott Woos Shareholders Backing Toyota Industries Buyout, Sources Say

2026-02-24T010059Z_68824897_RC20SJAN8OY2_RTRMADP_3_TOYOTA-INDUSTRIES-M-A-ELLIOTT

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Reuters

10:35 JST, February 24, 2026

TOKYO, Feb 24 (Reuters) – Elliott Management has offered to pay around market price to buy Toyota Industries shares from holders who have agreed to a tender offer that the U.S. activist said undervalues the forklift truck maker, two people familiar with the matter said.

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