Brief: Toyota Industries Tender Offer Price Raised to 18,800 Yen From 16,300 Yen

DENSO

14/01/2026 07:51

TOKYO, Jan 14 (Reuters) - Toyota Motor 7203.T group company Denso 6902.T will raise its tender offer price for group firm Toyota Industries 6201.T to 18,800 yen ($118.11) per share as part of its plan to take the forklift maker private, it said on Wednesday.

The Japanese automaker had previously offered 16,300 yen per share in a deal announced in June.

The tender offer will run from January 15 to February 12, Denso said.

($1 = 159.1800 yen)

 (Reporting by Anton Bridge; Editing by Jacqueline Wong)

 ((Anton.Bridge@thomsonreuters.com;))