RADIUS RECYCLING to be Acquired by U.S. Subsidiary of TOYOTA TSUSHO CORPORATION (TTC), Accelerating Investment in Future Growth
Portfolio Pulse from
Radius Recycling, Inc. (NASDAQ: RDUS) is set to be acquired by Toyota Tsusho America, Inc., a subsidiary of Toyota Tsusho Corporation, for $30.00 per share in cash. This represents a significant premium over recent share prices, and the acquisition aims to accelerate Radius Recycling's growth strategies.
March 13, 2025 | 9:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Radius Recycling is being acquired by Toyota Tsusho America for $30 per share, a 115% premium over its last closing price. This acquisition is expected to significantly enhance Radius's growth strategies.
The acquisition by Toyota Tsusho America at a 115% premium is a significant positive development for Radius Recycling shareholders, providing immediate value and potential for future growth.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100