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