Sumitomo Electric to acquire Nissin Electric and TECHNO ASSOCIE via tender offer

Sumitomo Electric Industries has resolved to acquire Nissin Electric Co., Ltd. and TECHNO ASSOCIE Co., Ltd. through a tender offer to make them wholly owned subsidiaries.

“The Company resolved to acquire common stock of Nissin Electric Co., Ltd. and TECHNO ASSOCIE Co., Ltd. through a tender offer.”sumitomoelectric.com

• 2 sources
• sumitomoelectric.comNotice Concerning Commencement of Tender Offer for Shares of Nissin Electric Co., Ltd. and TECHNO ASSOCIE Co., Ltd. | Sumitomo ElectricFeb 1, 2023
• nikkei.com住友電工、日新電機及びテクノアソシエの株式に対する公開買付けを開始 - 日本経済新聞Nikkei Inc.Feb 2, 2023

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