United States

Minebea Mitsumi offers takeover bid for shares of U-Shin Ltd

Wednesday, 7 Nov 2018 01:28am EST 

Nov 7 (Reuters) - Minebea Mitsumi Inc <6479.T>:Says it offered a takeover bid for 33.1 million shares (or no less than 22.1 million shares) of U-Shin Ltd <<<6985.T>>>, at the price of 985 yen per share, for 32.62 billion yen in total.Says it aims to raise voting power in U-Shin Ltd to 100 percent from 0 percent . 

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