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TOKYO, Mar 23 (Pulse News Wire) – SAWAFUJI ELECTRIC CO.,LTD. (6901.T) announced that its board has expressed support for the management buyout by the bidder at ¥1,303 per share. The board recommends
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TOKYO, Mar 23 (Pulse News Wire) – SAWAFUJI ELECTRIC CO.,LTD. (6901.T) announced that its board has expressed support for the management buyout by the bidder at ¥1,303 per share.
The board recommends that shareholders tender their shares.
The company established an independent special committee to review the transaction.
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