Japan's Minebea Mitsumi raises tender offer price for Shibaura
Taiwan
TOKYO :Japanese components maker Minebea Mitsumi has decided to raise its tender offer price for thermistor maker Shibaura Electronics to 6,200 yen ($42.31) from 5,500 yen ($37.53), the companies said on Thursday. The new price matches the tender offer price presented by Taiwanese components supplier Yageo in its unsolicited bid to acquire Shibaura Electronics. Minebea said the decision to match the price with Yageo's would give shareholders an opportunity to tender as the prolonged security
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