+
CCI Clears Share Acquisition in Toyota Industries Corp
ECONOMY & POLICY

CCI Clears Share Acquisition in Toyota Industries Corp

The Competition Commission of India (CCI) has recently approved the acquisition of certain equity shareholding and voting rights in Toyota Industries Corporation by Elliott Associates, L.P., Elliott International, L.P., and The Liverpool Limited Partnership.

The proposed transaction involves the acquisition of shares through one or more on-market purchases on the Prime Market of the Tokyo Stock Exchange and/or the Premier Market of the Nagoya Stock Exchange. All three acquiring entities are limited partnerships managed and/or advised by Elliott Investment Management L.P..

Toyota Industries Corporation is publicly listed in Japan and is primarily engaged in the manufacturing and sale of automobiles, materials handling equipment such as lift trucks and automated logistics solutions, and textile machinery.

The CCI noted that a detailed order outlining the rationale for its approval will be issued separately.

The Competition Commission of India (CCI) has recently approved the acquisition of certain equity shareholding and voting rights in Toyota Industries Corporation by Elliott Associates, L.P., Elliott International, L.P., and The Liverpool Limited Partnership. The proposed transaction involves the acquisition of shares through one or more on-market purchases on the Prime Market of the Tokyo Stock Exchange and/or the Premier Market of the Nagoya Stock Exchange. All three acquiring entities are limited partnerships managed and/or advised by Elliott Investment Management L.P.. Toyota Industries Corporation is publicly listed in Japan and is primarily engaged in the manufacturing and sale of automobiles, materials handling equipment such as lift trucks and automated logistics solutions, and textile machinery. The CCI noted that a detailed order outlining the rationale for its approval will be issued separately.

Next Story
Resources

KBL Expands Kaniyur Facility in Centenary Year

Kirloskar Brothers (KBL), a leading player in fluid management solutions, has inaugurated a new factory building at its Kaniyur Manufacturing Facility in Tamil Nadu. The expansion coincides with a milestone year marking 100 years since the company manufactured and installed India’s first centrifugal pump in 1926. The newly commissioned facility is aimed at enhancing productivity and operational efficiency, enabling the company to address rising domestic as well as international demand while upholding stringent quality benchmarks. Sustainability remains a central focus of the expansion. Ar..

Next Story
Equipment

Raimondi to Debut TRT 55US at CONEXPO

"Raimondi Group will present the TRT 55US rough terrain crane at CONEXPO 2026, marking the first product debut under its newly established Raimondi North America operations hub.Developed by Terex Rough Terrain, now part of the Raimondi portfolio, the 55-tonne model has been engineered specifically to meet North American operational, regulatory and environmental requirements.Designed for North American ApplicationsThe TRT 55US features a compact transport-friendly design, an additional jib configuration and a redesigned operator environment aimed at improving efficiency and precision. It offers..

Next Story
Infrastructure Transport

CPCL Ranks No.1 in NHAI DPR Ratings

"Chaitanya Projects Consultancy (CPCL) has secured the top position in National Highways Authority of India’s first-ever provisional DPR consultants rating, scoring 80.75 out of 100 and outperforming 55 peer firms.CPCL ranked ahead of Pentacle Consultants (78), L&T Infrastructure Engineering (76), MSV International Technology (74) and Transys Consulting (72). The ranking, released in the fourth week of January 2026, marks NHAI’s first transparent evaluation framework aimed at enhancing DPR quality under Bharatmala and other national highway programmes.The move aligns with the accountab..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App