Japan's Minebea Mitsumi raises offer for Shibaura to counter Taiwan bid
YOSHIKA KAKU
August 14, 2025 18:41 JST
TOKYO -- Japanese ball bearings maker Minebea Mitsumi announced Thursday that it will raise its tender offer price for Shibaura Electronics to 6,200 yen ($42) per share, matching the bid from Taiwan's Yageo, which is pursuing an unsolicited takeover of the temperature sensor maker.
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