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  2. Financial

Toyota group companies plan $4.7 billion sale of Denso stake

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28 November 2023
Financial
  • Previous Article Tesla on two wheels? India's Ola Electric feels the strains of success
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A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo

AutomotiveBusiness & Finance

Reuters exclusively reported[1] that Toyota Motor (7203.T) and two affiliates plan to sell about 10% of components maker Denso (6902.T) by year-end, a stake likely worth about $4.7 billion, sources familiar with the matter said.

Read more https://www.reutersagency.com/en/reutersbest/article/toyota-group-companies-plan-4-7-billion-sale-of-denso-stake/

  • Previous Article Tesla on two wheels? India's Ola Electric feels the strains of success
  • Next Article Beijing bourse tells 'major shareholders' to refrain from selling

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