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Bourns offers $356M to acquire Rakon at a 72% premium, pending shareholder and regulatory approval.
Bourns Inc., a U.S. electronics manufacturer, has offered $1.55 per share, totaling $356 million, to acquire New Zealand’s Rakon, a 72% premium over Rakon’s recent share price.
The all-cash bid, which has secured support from 41% of shareholders, follows a failed 2024 takeover attempt and comes after Rakon ended a Chinese customer relationship.
The formal offer must be made within 10 to 20 working days and requires 90% shareholder approval.
Rakon’s independent board is evaluating the proposal, with regulatory approvals needed in multiple countries.
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Bourns ofrece $356 millones para adquirir Rakon con una prima del 72%, pendiente de la aprobación de los accionistas y reguladores.