Grupo Salvador Caetano (SGPS), SA proposed to acquire remaining 32% stake in Toyota Caetano Portugal, S.A. (ENXTLS:SCT) from Toyota Motor Europe NV/SA and others for €31.4 million on August 8, 2019. Grupo Salvador Caetano will pay €2.8 per share. After closing, Grupo Salvador Caetano will hold 100% stake of Toyota Caetano Portugal and will delist it's shares from stock exchange. The transaction will be financed through bank guarantee and cash deposits made at a credit institution. The transaction will close with in three months after approval from Portuguese Securities Market. The Extraordinary General Meeting scheduled on August 30, 2019 for further discussion on this transaction. Grupo Salvador Caetano (SGPS), SA cancelled the acquisition of 32% stake in Toyota Caetano Portugal, S.A. (ENXTLS:SCT) from Toyota Motor Europe NV/SA and others on August 8, 2020.