Shinko Electric (6967 JP): Bidders Circle for Fujitsu’s Stake

521 Views19 Oct 2023 00:32
Mitsubishi Corp is the latest rumoured suitor. Shinko’s shares are up 73% YTD, which is not excessive compared to Ibiden (63.2% YTD). The valuation is undemanding, which facilitates a potential offer.
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Arun George
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Global Equity Research Ltd
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