Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal
13/03/2025 21:45
March 13 (Reuters) - Recycled metal products maker Radius Recycling RDUS.O said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Toyota Tsusho Corp 8015.T. Toyota Tsusho America will acquire all shares of Radius for $30 per share in cash, implying a total enterprise value of about $1.34 billion. (Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Mohammed Safi Shamsi) ((Aatreyee.Dasgupta@thomsonreuters.com;))
Recent news on Toyota Tsusho
See all newsBrief: Toyota Tsusho Corp: Established Vehicle Assembly Company In Laos, Production Scheduled To Begin In April 2028
Brief: Toyota Fudosan Owns 12.02% Joint Stake In Toyota Tsusho Corp, Filing Shows
Brief: Toyota Tsusho Corp - To Retire 118,095,432 Shares On June 30
Brief: Toyota Tsusho Corp - Notice Concerning Share Repurchase, Tender Offer For Own Shares, And Cancellation Of Own Shares
Table: Toyota Tsusho -2025/26 parent results