CCI Approves Elliott’s Acquisition of Toyota Industries Shares

CCI approves acquisition of certain shareholding of Toyota Industries Corp by Elliott Associates, L.P., Elliott International, L.P., and Liverpool Ltd Partnership (Acquirers) CCI, the Commission has approved acquisition of certain shareholding of Toyota Industries Corporation by Elliott Associates, L.P., Elliott International, L.P., and The Liverpool Limited Partnership (Acquirers). The proposed acquisition relates to the acquisition […]

CCI approves acquisition of certain shareholding of Toyota Industries Corp by Elliott Associates, L.P., Elliott International, L.P., and Liverpool Ltd Partnership (Acquirers)

CCI, the Commission has approved acquisition of certain shareholding of Toyota Industries Corporation by Elliott Associates, L.P., Elliott International, L.P., and The Liverpool Limited Partnership (Acquirers).

The proposed acquisition relates to the acquisition of certain equity shareholding and voting rights of Toyota Industries Corporation by the Acquirers through one or more on-market purchase(s) on the Prime Market of the Tokyo Stock Exchange (TSE) and/or the Premier Market of the Nagoya Stock Exchange (Nagoya SE).

Elliott Associates, L.P. is a limited partnership, which is managed and/or advised by Elliott Investment Management L.P. (EIM).

Elliott International, L.P. is a limited partnership, which is managed and/or advised by EIM.

The Liverpool Limited Partnership is a limited partnership which is managed and/or advised by EIM.

Toyota Industries Corporation is publicly listed on the TSE and Nagoya SE. It is mainly engaged in manufacturing and sale of automobiles, materials handling equipment (such as lift trucks and automated logistics solutions), as well as textile machinery.

Detailed order of the Commission will follow.

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