Murata Manufacturing Co Ltd (6981.T)
20 Mar 2018
Latest Key Developments (Source: Significant Developments)
Oct 24 (Reuters) - Murata Manufacturing Co Ltd <6981.T>::Murata Manufacturing Co Ltd files to say has raised $75.7 million in equity financing - SEC filing. Full Article
Sept 22 (Reuters) - Murata Manufacturing Co Ltd <6981.T>:Says it set up a SPC PJ Florence Acquisition Company, Limited to acquire stake in U.S.-based firm Vios Medical, Inc (target company).Says SPC will merge with target company and SPC will be dissolved .Says it will raise voting power in target company to 100 percent from 3.6 percent .Says it will pay a cash consideration of about $25.9 million (about 2.9 billion yen) and distribute 507,104 shares of its treasury common stock to pay a consideration of about $75.7 million (about 8.5 billion yen) to target company's shareholders and stock option holders.Says expected acquisition date is Oct. 13. Full Article
Sony Corp <6758.T> and Murata Manufacturing Co Ltd <6981.T> : Say they change the battery business transfer date to July from April .Say the plan was disclosed on Oct. 31, 2016 that Murata Manufacturing will acquire Murata Manufacturing from Sony. Full Article
Sony Corp <6758.T>:Says the co and Murata Manufacturing Co., Ltd.<6981.T> entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group’s battery business to the Murata Group. Full Article
TOKYO Japan's Murata Manufacturing Co, which supplies components for the iPhone X, has not seen its orders drop commensurately with the sharp fall in the iPhone X production target stated in a report, a senior Murata executive said.