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Shibaura Electronics Co., Ltd. ( (JP:6957) ) has provided an update.
Shibaura Electronics Co., Ltd. announced a partial correction to its previous notice regarding the tender offer for its shares by MinebeaMitsumi, Inc. The Japan Fair Trade Commission has approved MinebeaMitsumi’s acquisition, and additional agreements have been made with shareholders, including the founding family, to tender their shares. These developments are expected to strengthen MinebeaMitsumi’s position in the market and influence Shibaura’s operational strategy.
More about Shibaura Electronics Co., Ltd.
Shibaura Electronics Co., Ltd. operates in the electronics industry, focusing on the production and distribution of electronic components and systems. The company is known for its innovation and commitment to quality, serving a diverse range of markets with its advanced technological solutions.
Average Trading Volume: 201,956
Technical Sentiment Signal: Buy
Current Market Cap: Yen95.29B
Learn more about 6957 stock on TipRanks’ Stock Analysis page.