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YAGEO Amends Tender Offer for Shibaura Electronics

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YAGEO Amends Tender Offer for Shibaura Electronics

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An announcement from Shibaura Electronics Co., Ltd. ( (JP:6957) ) is now available.

YAGEO Corporation has issued an amendment to its tender offer for Shibaura Electronics Co., Ltd., highlighting necessary regulatory procedures in Japan, Taiwan, Germany, and Austria. The amendment reflects ongoing consultations with Japanese authorities, indicating progress in obtaining the required approvals for the acquisition, which is crucial for the transaction’s completion.

More about Shibaura Electronics Co., Ltd.

Shibaura Electronics Co., Ltd. operates in the electronics industry, focusing on the development and production of electronic components. The company is recognized for its significant contributions to the market, particularly in the realm of advanced electronic solutions.

Average Trading Volume: 232,644

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.35B

See more data about 6957 stock on TipRanks’ Stock Analysis page.

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