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Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal

ReutersMar 13, 2025 9:45 PM

- Recycled metal products maker Radius Recycling RDUS.O said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Toyota Tsusho Corp 8015.T.

Toyota Tsusho America will acquire all shares of Radius for $30 per share in cash, implying a total enterprise value of about $1.34 billion.

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