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Shibaura takeover heats up as Yageo moves closer to Japan’s regulatory green light

Taiwan-based Yageo Corporation has refiled its foreign investment application under Japan’s Foreign Exchange and Foreign Trade Act (FEFTA) as of June 2, in a renewed bid to acquire Shibaura Electronics. The move signals Yageo’s growing confidence in clearing regulatory scrutiny—a key barrier that has held back its unsolicited tender offer since February.