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An announcement from Shibaura Electronics Co., Ltd. ( (JP:6957) ) is now available.
Shibaura Electronics Co., Ltd. has announced its support for a tender offer by MinebeaMitsumi, Inc. for its common shares, recommending shareholders to tender their shares if the offer commences. The company has expressed opposition to a competing tender offer by YAGEO Corporation, citing mutual exclusivity between the two offers, and encourages shareholders not to tender their shares in the YAGEO offer.
More about Shibaura Electronics Co., Ltd.
YTD Price Performance: 30.91%
Average Trading Volume: 147,862
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen64.81B
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