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Valeo and Ichikoh Industries will showcase innovative technologies for future mobility at the JSAE 2026 exhibition in Yokohama.
Valeo's tender offer for Ichikoh's common stock closed on 12 January 2017, with Valeo set to hold 55.08% of Ichikoh upon settlement later in January.
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.