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An update from Rakon ( (NZ:RAK) ) is now available.
Bourns, Inc. has increased its holding in Rakon Limited to 95.58% of the company’s voting rights following its full takeover offer launched in February 2026. This level of ownership gives Bourns dominant control over Rakon under New Zealand’s Takeovers Code, enabling it to shape the company’s future governance, capital structure and potential delisting.
The move to dominant ownership marks a decisive step in the takeover process and signals a likely transition phase for remaining minority shareholders, who may face compulsory acquisition procedures. The change consolidates Rakon’s control under a single strategic owner, which could alter its operational priorities and positioning in the global electronics and telecommunications supply chain.
More about Rakon
Rakon Limited is a New Zealand-based technology company listed on the NZX, known for designing and manufacturing frequency control products and related components used in telecommunications and other high-precision electronic applications. The company operates in specialised electronics markets where ownership changes can significantly influence strategic direction and stakeholder outcomes.
Average Trading Volume: 98,368
Current Market Cap: N$355.1M
See more insights into RAK stock on TipRanks’ Stock Analysis page.