, RDUS
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Date: | --/--/-- --:--:-- |
Event Id: | E5D55A4X5 |
Action Type: | MERGER |
Action Status: | ANNOUNCED |
Acquirer Symbol: | |
Target Symbol: | RDUS |
Updated: | --/--/-- --:--:-- |
Purchase Price Per Share: | 30 |
Price Per Share Currency: | USD |
News References: | https://www.globenewswire.com/news-release/2025/03/13/3042642/0/en/RADIUS-RECYCLING-to-be-Acquired-by-U-S-Subsidiary-of-TOYOTA-TSUSHO-CORPORATION-TTC-Accelerating-Investment-in-Future-Growth.html |
Action Notes
Radius Recycling has entered into a definitive merger agreement with Toyota Tsusho America, Inc. (TAI), a U.S. subsidiary of Toyota Tsusho Corporation (TTC), under which TAI will acquire all shares of Radius for $30.00 per share in cash. The transaction is expected to close in the second half of calendar year 2025, subject to approval by Radius' shareholders, regulatory approvals, and other customary closing conditions.