Japanese component manufacturer MinebeaMitsumi has delayed its tender offer to acquire sensor maker Shibaura Electronics. Initially scheduled for April 23, the move comes after Taiwanese firm Yageo Corp.’s unsolicited bid, which included a raised price, prompting MinebeaMitsumi to reassess its offer terms to potentially match Yageo’s new bid.
MinebeaMitsumi delays Shibaura Electronics acquisition as Yageo raises takeover bid
23
Apr