Radius Recycling soars on $1.34 billion buyout deal by Toyota Tsusho
ReutersMar 14, 2025 12:41 PM
Shares of recycled metal products maker Radius Recycling RDUS.O more than doubles to $28.55 premarket
RDUS late on Thursday said it had entered into agreement with U.S. subsidiary of Japanese trading house Toyota Tsusho Corp 8015.T
Toyota Tsusho America will acquire all shares of RDUS for $30 per share in cash, with enterprise value of about $1.34 billion
Deal is expected to be closed by second half of 2025
Stock fell 31.2% in past 12 months
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