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Toyota to decide on buying rest of Daihatsu

Jan. 28, 2016 3:56 AM ETToyota Motor Corporation (TM) StockTM, DHTMF, DHTMYBy: Yoel Minkoff, SA News Editor
  • At a board meeting tomorrow, Toyota (NYSE:TM) will decide whether to make Daihatsu (OTCPK:DHTMY) a wholly owned subsidiary, Jiji news reports.
  • On Wednesday, Toyota said it was considering buying out the rest of the Japanese minivehicle maker (in which it owns a 51.2% stake) for roughly $3B.

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