Motherson Successfully Acquires Yutaka Giken Shares via Tender Offer in Japan
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Motherson completes tender offer for Japan's Yutaka Giken shares, strengthens control
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CNBC TV18•11-03-2026, 23:45
Motherson completes tender offer for Japan's Yutaka Giken shares, strengthens control
•Samvardhana Motherson International completed a tender offer for additional shares in Japanese automotive components maker Yutaka Giken Co., Ltd.
•The offer, made via Motherson Global Investments B.V., closed on March 10 with 1,408,867 shares tendered at ¥3,024 each.
•The acquisition, with settlement scheduled for March 17, 2026, received regulatory approvals from Japan, US, China, Brazil, and Mexico.
•Motherson already holds an 81% stake in Yutaka Giken, aiming to consolidate ownership and strengthen its presence in the Japanese automotive ecosystem.
