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MinebeaMitsumi has concluded a share transfer agreement to acquire ABLIC, a semiconductor manufacturer, making it a wholly owned subsidiary. Development Bank of Japan and Seiko Instruments are the sellers.
“ABLIC is going to play an important role to enhance MinebeaMitsumi's business as their wholly owned subsidiary after completion of this share transfer.”ablic.com
Summarized from public sources; check the original articles before acting on it.