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Article: TDK Takeover Offer for EPCOS Shares Very Successful.
- Article from:
- Electronics Newsweekly
- Article date:
- November 19, 2008
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TDK Corporation's ("TDK") (TOKYO:6762)(NYSE:TDK)(LSE:TDK) and its wholly-owned subsidiary TDK Germany GmbH's voluntary public takeover offer for EPCOS AG ("EPCOS") (EPCGn.DE) has been very successful. During the additional acceptance period which ended on October 27, 2008 the offer was accepted for 9.57 percent of the shares in EPCOS. Together with the 35.96 percent of the EPCOS shares which were tendered within the first acceptance period, as well as 48.82 percent of the shares which TDK has directly or indirectly purchased outside the offer, the company now has secured a total shareholding of 94.35 percent in EPCOS.
Takehiro Kamigama, President and COO of TDK, ...