# Nidec completes tender offer for 48% of Chaun-Choung Technology

Nidec completed a tender offer for 48.0% of the outstanding shares of Taiwan-based Chaun-Choung Technology Corp. The tender offer began on 3 October 2018 and was announced on 30 November 2018.

- Type: Acquisition
- Announced: 2018-07-03
- Where: TWN
- Status: completed
- Products: motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Chaun-Choung Technology](https://endata.com/companies/3535.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/us/nidec/subjects/mergers-and-acquisitions), 2018-07-03: "Nidec Corporation announced today that it has completed the tender offer for 48.0% of the outstanding shares of Chaun-Choung Technology Corp."

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