The Japan Times
Toyota Motor and two affiliates plan to sell about 10% of components maker Denso by year-end, a stake likely worth about $4.7 billion. https://www.japantimes.co.jp/business/2023/11/29/companies/toyota-group-plans-denso-share-sales/?utm_content=buffer8a44a&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #toyota #denso #cars #carparts #carmakers #aisin #stocks
Toyota plans $4.7 billion sale of Denso stake as EV pivot looms

The sale of shares in Denso would mark the latest step by the automaker to cash in on stakes in affiliates as it ramps up production of electric vehicles.

The Japan Times
Nov 29, 2023 at 4:45amBuffer