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Tokyo Cosmos Electric Co., Ltd. ( (JP:6772) ) has issued an announcement.
Tokyo Cosmos Electric Co., Ltd. announced progress regarding a tender offer for its shares by Bourns Japan Holdings LLC. The tender offer’s commencement has been delayed due to undisclosed material facts, leading to ongoing negotiations between the parties. The company initially expressed support for the tender offer, aiming to become a wholly owned subsidiary of Bourns Japan Holdings LLC, but has revised its opinion due to changing circumstances and input from a special committee.
More about Tokyo Cosmos Electric Co., Ltd.
Tokyo Cosmos Electric Co., Ltd. operates in the electronics industry, focusing on manufacturing and distributing electronic components. The company is listed on the Tokyo Stock Exchange Standard Market under the code 6772.
Average Trading Volume: 7,966
Technical Sentiment Signal: Buy
Current Market Cap: Yen13.19B
Find detailed analytics on 6772 stock on TipRanks’ Stock Analysis page.