Yageo Launches Unsolicited Bid for Shibaura Electronics at 4,300 Yen per Share, Offering 37% Premium Amid 1 Trillion Yen Debt Talks

Taiwan's Yageo Corporation has announced an unsolicited tender offer (TOB) to acquire Japan's Shibaura Electronics, a move characterized as a 'hostile takeover.' The offer price is set at 4,300 yen per share, which represents a premium of approximately 37% over Shibaura's closing price of 3,135 yen on February 5. Yageo aims to acquire all outstanding shares of Shibaura Electronics. In related news, SoftBank Group is reportedly in discussions regarding a semiconductor acquisition, which may involve debts totaling 1 trillion yen, according to U.S. media reports.