Acquisitions18 Mar 2026, 11:54 am
Samvardhana Motherson Completes Tender Offer for 9.51% Stake in Yutaka Giken
AI Summary
Samvardhana Motherson International Limited has completed the acquisition of a 9.51% stake in Yutaka Giken Co., Ltd. (YGCL) through its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). The acquisition was completed on March 10, 2026, following the commencement of a tender offer on February 9, 2026, under the Financial Instruments and Exchange Act of Japan. MGI BV acquired 1,408,867 common shares at a tender offer price of JPY 3,024 per common share. The acquisition is in line with the disclosures dated August 29, 2025, January 30, 2026, and February 06, 2026, where the company outlined the key transaction steps for the completion of the acquisition.
Key Highlights
- Samvardhana Motherson International Limited completes acquisition of 9.51% stake in Yutaka Giken Co., Ltd.
- Acquisition completed through indirect wholly owned subsidiary, Motherson Global Investments B.V.
- 1,408,867 common shares acquired at a tender offer price of JPY 3,024 per common share.
- Acquisition follows disclosures outlining key transaction steps for completion of the acquisition.
- MGI B.V. has submitted the large shareholding report under the Financial Instruments and Exchange Act of Japan.