EconomicJapan·Unpinned15 Oct 2026
Japan's Mitsui proposes 1.5 billion dollar bid for Penske Automotive
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On October 16, 2026, Japanese trading house Mitsui & Co. announced a $1.5 billion proposal to take U.S.-based Penske Automotive Group private. Mitsui initiated the buyout in partnership with fellow shareholder Penske Corp. This deal serves as a long-term investment by the Japanese firm into the dealership group, which currently operates the largest Toyota…
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Nikkei Asia
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