Pluralistic: Daily links from Cory Doctorow – No trackers, no ads. Black type, white background. Privacy policy: we don't collect or retain any data at all ever period.Mar 9

Pluralistic: Billionaires are a danger to themselves and (especially) us (09 Mar 2026)

https://fed.brid.gy/r/https://pluralistic.net/2026/03/09/autocrats-of-trade-2/

Pluralistic: Billionaires are a danger to themselves and (especially) us (09 Mar 2026) – Pluralistic: Daily links from Cory Doctorow

The Japan TimesMar 2
The Toyota group raised its offer to privatize Toyota Industries, reaching a deal with Elliott Investment Management in order to ease the path toward a buyout that values the company at ¥6.7 trillion. https://www.japantimes.co.jp/business/2026/03/02/companies/toyota-industries-buyout-bid-raise/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #toyotaindustries #stocks #acquisitions #elliottinvestmentmanagement
Toyota raises buyout bid for unit, ending standoff with Elliott

The carmaker and its affiliates are now willing to pay ¥20,600 for each share of Toyota Industries they don’t already own, the group said Monday.

The Japan Times
The Japan TimesFeb 12
The Toyota group extended the tender period for its bid to privatize a key unit, signaling the Japanese conglomerate needs more time to rally shareholder support. https://www.japantimes.co.jp/business/2026/02/12/companies/toyota-unit-tender-period-delay/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #toyotaindustries #stocks #investments #elliottinvestmentmanagement
Toyota delays deadline for $35 billion deal opposed by Elliott

The extension prolongs Toyota’s high-profile standoff with Elliott, and means the activist fund still has a chance at derailing what it argues is an undervalued offer.

The Japan Times
The Japan TimesFeb 5
Elliott Investment Management has increased its stake in Toyota Industries again as the activist investor ramps up efforts to block the Toyota group’s bid to take the company private. https://www.japantimes.co.jp/business/2026/02/05/elliott-toyota-stake-block-buyout/?utm_medium=Social&utm_source=mastodon #business #elliottinvestmentmanagement #toyotaindustries #toyota
Elliott raises Toyota Industries stake in push to block buyout

The U.S. fund now owns around 7.1% of Toyota Industries.

The Japan Times
The Japan TimesJan 31
Toyota's plan to take an affiliate private looked unremarkable at first. Instead, the bid for Toyota Industries ignited a battle between activist investors and Japanese corporate culture. https://www.japantimes.co.jp/business/2026/01/31/companies/toyota-buyout-test-case/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #toyotaindustries #elliottinvestmentmanagement #stocks #investments #acquisitions #corporategovernance
How activist investors turned a Toyota buyout into a battleground

The transaction has become a test case for dealmaking in Japan, which prizes stakeholder harmony over shareholder returns.

The Japan Times
The Japan TimesJan 29
An analyst believes activist fund Elliott Asset Management may not be so far from blocking a controversial Toyota acquisition. https://www.japantimes.co.jp/business/2026/01/29/companies/elliott-disadvantage-toyota-industries-block/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #toyotaindustries #elliottinvestmentmanagement #stocks #investments #acquisitions #corporategovernance
Elliott seen having a shot at foiling controversial Toyota deal

Should Elliott prevail, it would go down as one of the biggest victories for shareholder activism in Japan.

The Japan Times
The Japan TimesJan 19
Elliott Investment Management is opposing a proposed ¥6.1 trillion ($39 billion) privatization of Toyota Industries, arguing it could achieve greater value on its own. https://www.japantimes.co.jp/business/2026/01/19/companies/toyota-industries-buyout-opposition/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #toyotaindustries #elliottinvestmentmanagement #stocks #investments
Elliott opposes group buyout of Toyota Industries

The U.S. activist fund argues Toyota Industries, which it has a 5% stake in, could achieve greater value on its own.

The Japan Times
Show threadDoomsdaysCWJan 6

"In November 2025, #PaulSinger acquired #Citgo, the U.S.-based subsidiary of #Venezuela’s state-run oil company. Singer, through his private investment firm, #ElliottInvestmentManagement, bought Citgo for $5.9 billion. The sale to #AmberEnergy, a subsidiary of Elliott Investment Management, was forced by creditors of Venezuela after the country defaulted on its bond payments."

#Oiligarchy #BigOil #EatTheRich #USPol #WorldPol

The Japan TimesDec 19
Toyota Group’s proposed offer to privatize a forklift-maker has prompted one of the world’s most tenacious activist funds to call it a lowball offer. A closer look at the target’s shareholdings helps explain why. https://www.japantimes.co.jp/business/2025/12/19/companies/toyota-industries-lowball-offer/?utm_medium=Social&utm_source=mastodon #business #companies #toyotaindustries #elliottinvestmentmanagement #toyota #acquisitions #manufacturing #carmakers #corporategovernance #realestate
Toyota Industries buyout bid dips 16% below stock holdings

The gap between the take-private proposal and the value of Toyota Industries’ holdings has become a major sticking point for activist fund Elliott Investment Management.

The Japan Times
The Japan TimesDec 18
Elliott Investment Management has been approaching institutional investors in Japan to push Toyota group to sweeten its ¥4.7 trillion bid to take a key affiliate private. https://www.japantimes.co.jp/business/2025/12/18/companies/elliott-approach-toyota-buyout/?utm_medium=Social&utm_source=mastodon #business #companies #elliottinvestmentmanagement #toyotaindustries #toyota #acquisitions #manufacturing #realestate #carmakers
Elliott woos other Toyota industries investors in buyout fight

The activist fund wants to push Toyota group to sweeten its ¥4.7 trillion bid.

The Japan Times