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MinebeaMitsumi Extends Tender Offer for Shibaura Electronics

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MinebeaMitsumi Extends Tender Offer for Shibaura Electronics

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The latest announcement is out from MinebeaMitsumi ( (JP:6479) ).

MinebeaMitsumi Inc. announced an extension of its tender offer period for the acquisition of all common shares of Shibaura Electronics Co., Ltd. The decision to extend the offer period until June 19, 2025, was made to provide shareholders with additional time to consider their options, reflecting the company’s strategic approach to secure a favorable outcome in the acquisition process.

The most recent analyst rating on (JP:6479) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

More about MinebeaMitsumi

MinebeaMitsumi Inc. operates in the manufacturing industry, focusing on producing precision components and electronic devices. The company is known for its ball bearings, motors, and sensors, serving a global market with a strong emphasis on innovation and quality.

Average Trading Volume: 1,650,398

Technical Sentiment Signal: Sell

Current Market Cap: Yen794.7B

For an in-depth examination of 6479 stock, go to TipRanks’ Stock Analysis page.

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