Toyota Tsusho to acquire French trading house CFAO

NAGOYA, Japan - Jun Karube, president of Toyota Tsusho Corp., speaks at a press conference in Nagoya on July 26, 2012. Toyota Tsusho, a trading house in the Toyota Motor group, said the same day it will seek to acquire a controlling stake in CFAO SA, a French trading house dealing in automobiles and medicines in African countries, by investing more than 100 billion yen.