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Sumitomo Electric Industries completed a tender offer to acquire all shares of Nissin Electric Co., Ltd. and TECHNO ASSOCIE Co., Ltd., making them wholly owned subsidiaries. The tender offer ran from February 3 to March 22, 2023.
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.