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YAGEO Responds to Shibaura’s Inquiries on Tender Offer

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YAGEO Responds to Shibaura’s Inquiries on Tender Offer

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Shibaura Electronics Co., Ltd. ( (JP:6957) ) has provided an update.

YAGEO Corporation has submitted a response to additional inquiries from Shibaura Electronics regarding a tender offer initiated by YAGEO to acquire Shibaura. This development follows a series of communications and regulatory filings related to the acquisition process, highlighting the ongoing negotiations and compliance with financial regulations.

More about Shibaura Electronics Co., Ltd.

Shibaura Electronics Co., Ltd. is a prominent manufacturer of NTC thermistors based in Japan, operating in the electronics industry. The company is recognized for its focus on producing these temperature-sensitive resistors, which are crucial components in various electronic devices.

Average Trading Volume: 224,514

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.5B

Learn more about 6957 stock on TipRanks’ Stock Analysis page.

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