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Mitsuba launches tender offer for RYOMO SYSTEMS to address SDV and electrification trends

Mitsuba Corporation (Mitsuba) announced on May 14 that it will jointly conduct a tender offer for RYOMO SYSTEMS Co., Ltd. (RYOMO SYSTEMS), a systems integrator and subsidiary of Mitsuba, together with Chubu Electric Power Co., Inc. (Chubu Electric Power). The tender offer price is JPY 5,200 per share, with the offer ....

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