Japan parts maker to challenge Taiwan's Yageo with counterbid

MinebeaMitsumi joins takeover battle over Shibaura Electronics

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MinebeaMitsumi is about to make an offer for Shibaura Electronics to ward off an unsolicited bid from Taiwan. (Source photos by Nikkei)

FUMIE YAKU, TAKURO HOSODA, YOSHIKA KAKU and TAKASHI OKU

TOKYO -- Japanese parts supplier MinebeaMitsumi is set to launch a tender offer for Shibaura Electronics, challenging an unsolicited bid from Taiwanese electronic components maker Yageo, in the latest twist in the takeover battle over the Japanese maker of thermistor sensors, Nikkei has learned.

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