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Toyota considers Daihatsu buyout, denies Suzuki tie-up talks

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TOKYO: Toyota Motor Corp said it was considering buying out the rest of minivehicle maker Daihatsu Motor Co, a $3.2 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki Motor Corp. Shares in Daihatsu soared 20 percent in late Wednesday trade after being overwhelmed by buy orders throughout the day. Shares in Suzuki jumped 11 percent despite denials from both Toyota and...

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