Shibaura Electronics revises stance on bidding war, withdraws opposition to Yageo's hostile offer

Digitimes
By Sherri WangMay 26, 2025, 2:07 am283 pts
Shibaura Electronics announced on May 21, 2025, a shift in its stance regarding the competing tender offers (TOBs) from Japan's MinebeaMitsumi and Taiwan-based Yageo for its shares. Originally, Shibaura Electronics had recommended that shareholders accept MinebeaMitsumi's bid. However, the company has now…

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