Dec 18 (Reuters) – Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to push Toyota group to improve its $30 billion bid to take Toyota Industries private, Bloomberg News reported on Thursday citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Anusha Shah […]
Business
Elliott woos other Toyota Industries investors in buyout fight, Bloomberg News reports
Audio By Carbonatix
Dec 18 (Reuters) – Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to push Toyota group to improve its $30 billion bid to take Toyota Industries private, Bloomberg News reported on Thursday citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Anusha Shah in Bengaluru; Editing by Janane Venkatraman)