# Valeo launches takeover bid for Ichikoh shares

Valeo announced a takeover bid for the shares of Japanese lighting specialist Ichikoh, offering JPY 408 per share. The bid runs from November 24, 2016 to January 12, 2017, and is subject to Valeo obtaining at least 50.09% of Ichikoh's capital.

- Type: Acquisition
- Announced: 2016-11-22
- Where: Japan
- Status: announced
- Products: automotive lighting systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Valeo](https://endata.com/companies/655.md) (acquirer)
- [Ichikoh](https://endata.com/companies/19731.md) (target)
- [Ichikoh Industries](https://endata.com/companies/20161.md) (target)

## Sources

- [valeo.com](https://www.valeo.com/en/valeo-announces-the-launch-of-a-takeover-bid-for-the-shares-of-ichikoh/), 2016-11-22: "Valeo has announced the launch of a takeover bid for the shares of Ichikoh, a Japanese company listed on the First Section of the Tokyo Stock Exchange."
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5236772/valeo-announces-public-tender-offer-to-raise-stake-in-ichikoh), 2016-11-23: "French auto parts maker Valeo announced a public tender offer to raise its stake in Japanese supplier Ichikoh Industries, according to a company press release yesterday (22 November)."
- [just-auto.com](https://www.just-auto.com/news/valeo-bids-for-full-ichikoh-takeover/), 2016-11-23: "The Ichikoh takeover bid represents another key step in the development of the Valeo-Ichikoh duo’s lighting business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.