Toyota Raises Offer Price For Toyota Industries To $132 Per Share

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Asia stocks slide as US-Iran strikes batter risk appetite Oil prices surge after US-Israel strikes on Iran, trim early gains Gold prices jump 2% amid widening US-Israel conflict with Iran Middle East tensions rise as Iran promises retaliation (South Africa Philippines Nigeria) Toyota Raises Offer Price For Toyota Industries To $132 Per Share By Investing.com Editor Ambar Warrick Stock Markets Editor Ambar Warrick Published 03/02/2026, 01:08 AM Toyota Raises Offer Price For Toyota Industries To $132 Per Share 0 6201 1.56% 7203 0.29% Investing.com -- Toyota plans to increase its tender offer price for group firm Toyota Industries , or TICO, to 20,600 yen ($132) per share under certain conditions and extend the deadline for the offer to March 16, according to a filing released on Monday. The Japanese automaker had previously offered 18,800 yen per share for the forklift maker. The tender offer had been set to close on Monday. The proposed increase in the share price is dependent on Toyota obtaining loan guarantees from its banks. Monday’s filing is the latest development in the months-long stand-off between the world’s largest automaker and activist investor Elliott Investment Management. Toyota said in the filing that Elliott, which has pushed the carmaker to raise its price for TICO, had agreed to tender its shares in Toyota Industries under certain conditions. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.