Toyota Motor Corporation intends to sell a roughly $1.80 billion stake in KDDI Corporation as part of a share buy-back deal. Reuters reports that the Japanese automaker wants to raise funds to accelerate vehicle electrification. Toyota's stake in the Japanese telco would decrease from 14.68 p...

Toyota looks to sell KDDI shares worth $1.8 billion
Aug 01, 2023 | Posted by Abdul-Rahman Oladimeji | KDDI