Brief: Yageo Says Unit In Japan To Acquire Shibaura Electronics In All Cash Deal

Shibaura Electronics Co

05/02/2025 08:18

Feb 5 (Reuters) - Yageo  2327.TW :
    * SAYS ITS UNIT YAGEO ELECTRONICS JAPAN TO ACQUIRE SHIBAURA
ELECTRONICS  6957.T  IN ALL CASH DEAL FOR 4,300 YEN PER SHARE
    * SAYS ACQUISITION AIMS TO BOOST SHIBAURA'S PRODUCTION
CAPABILITY,
EQUIPMENT TO PAVE THE WAY FOR FUTURE GROWTH
    * SAYS ACQUISITION WILL EXPAND SHIBAURA'S CUSTOMER BASE,
LEVERAGING YAGEO'S GLOBAL PRESENCE
    * SAYS AIMS TO CLOSE DEAL IN Q3 THIS YEAR

Source text: [ID: nMOP9n0R5m]
Further company coverage:  2327.TW 

 (Reporting by Faith Hung)
 ((faith.hung@thomsonreuters.com;))