MBK completes tender offer for Japan's Kuroda Electric
MBK Partners has completed its tender offer for Japanese electronic components manufacturer Kuroda Electric, having received support from more than 50% of shareholders for the JPY102 billion ($895 million) deal.
The private equity firm submitted an offer of JPY2,720 per share in early November, with the prerequisite that investors holding at least 18.9 million shares accept the bid. It has secured just over 25.7...
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