Brief: Minebeamitsumi To Launch Tender Offer For Shibaura Electronics, Challenging Yageo, Nikkei Reports

Shibaura Electronics Co

09/04/2025 18:13

April 9 (Reuters) - Nikkei:

MINEBEAMITSUMI IS SET TO LAUNCH A TENDER OFFER FOR SHIBAURA ELECTRONICS, CHALLENGING AN UNSOLICITED BID FROM YAGEO

SHIBAURA IS EXPECTED TO ENDORSE THE BID, AND A JOINT PRESS CONFERENCE BY THE TWO FIRMS IS EXPECTED AS EARLY AS APRIL 10

MINEBEAMITSUMI'S OFFER IS EXPECTED TO EXCEED YAGEO'S 4,300 YEN ($29) PER-SHARE OFFER IN FEBRUARY

MINEBEAMITSUMI APPEARS TO BE OFFERING AROUND 70 BILLION YEN FOR SHIBAURA

Further company coverage: 2327.TW

 ((Reuters.Briefs@thomsonreuters.com;))