Recycled metal products maker Radius Recycling, Inc. (RDUS) entered a merger agreement on March 13, 2025, to be acquired by Toyota Tsusho America for $1.34 billion.
Under the terms of the agreement, Toyota Tsusho America, a U.S. subsidiary of Japan-based Toyota Tsusho Corporation, will acquire all shares of Radius for $30.00 per share in cash, representing a 119.62% premium from the stock’s last close.