Taiwan's Yageo (2327 TT) Announces Hostile Tender on Shibaura Electronics (6957 JP) - I Have 🍿🍿
Taiwanese passive electronics maker YAGEO announced a hostile tender offer planned for May for Shibaura Electronics. WOW. 37% premium. 1.9x book....
1.3k Views
Shibaura Electronics (6957 JP): Core Designation Does Not Change Yageo’s Calculus
The reclassification to core, which explains the elongated approval process, should not materially impact Yageo’s approach to securing regulatory...
418 Views
[Japan M&A] YAGEO Extends Shibaura TOB Limbo at FSA/METI/BOJ Request on FEFTA
YAGEO and Minebea-Mitsumi both extended their tenders to close today. One or both of them will obviously get extended today. I expect both. I still...
1k Views
Merger Arb Mondays (28 Jul) - Shibaura, Abacus Storage, Insignia, Mayne, Santos, ENN, Smart Share
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
922 Views
Shibaura Electronics (6957 JP): Drawing Nearer to a Conclusion
There is a medium to high probability that Yageo secures FEFTA approval. Minebea is likely to walk as it signalled a limited appetite to match...
543 Views