Business dealsJapan parts maker to challenge Taiwan's Yageo with counterbid
MinebeaMitsumi joins takeover battle over Shibaura Electronics
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.