Elliott says offer for Toyota Industries is 40% undervalued, proposes alternative plan

Core Viewpoint - Activist investor Elliott Investment Management claims that the Toyota Group's bid to take Toyota Industries private significantly undervalues the forklift manufacturer by nearly 40% and has proposed a growth plan for the company [1] Group 1: Valuation Concerns - Elliott Investment Management argues that the bid undervalues Toyota Industries by almost 40% [1] Group 2: Proposed Growth Plan - The activist investor has put forward a growth plan aimed at enhancing the value of Toyota Industries [1]