MinebeaMitsumi Raises Tender Offer for Shibaura Electronics

MinebeaMitsumi Raises Tender Offer for Shibaura Electronics

   Tokyo, May 1 (Jiji Press)--Japanese bearing maker MinebeaMitsumi Inc. said Thursday that it will raise its tender offer for domestic sensor maker Shibaura Electronics Co. to 5,500 yen per share from 4,500 yen.
   The price is higher than the 5,400 yen offered by Taiwanese electronics parts maker Yageo Corp., which made an unsolicited offer for Shibaura Electronics.

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