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Toyota secures India's approval for $31bn group restructuring

( November 26, 2025, 08:11 GMT | Official Statement) -- MLex Summary: Japanese automotive giant Toyota Motor Corporation has secured unconditional approval from the Indian antitrust watchdog for a major group restructuring. The transaction involves a $31.3 billion plan to be executed by Toyota Asset Preparatory Co, an investment vehicle, to acquire a 100 percent shareholding in Toyota Industries Corporation and thereby dissolve the cross-shareholdings within the Toyota group. The Competition Commission of India said in a statement that a detailed order will follow. Statement follows....

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