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Minebea Mitsumi raises Shibaura Electronics tender offer, matching Yageo's bid

Chiang, Jen-Chieh, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: DIGITIMES

Minebea Mitsumi has increased its tender offer bid (TOB) for shares of Shibaura Electronics to JPY6,200 (US$41.99) per share, matching the bid made by Taiwanese company Yageo Corporation. The TOB period has been extended to August 28, 2025.

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