Toyota Industries' shares nosedive on $33 billion buyout plan — steepest fall in 10 months
1. Toyota Industries shares fell 13% after a buyout announcement. 2. Toyota Group proposed a JPY 4.7 trillion deal, at JPY 16,300 per share. 3. Critics find the offer unattractive compared to valuation estimates. 4. Toyota Group aims to stabilize ownership through this buyout. 5. The deal highlights Japan's ongoing push against cross-shareholding practices.