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Twinbird Corporation

Twinbird Corporation manufactures and sells home appliances. Its product range includes refrigerators, microwave ovens, coffee makers, toaster ovens, rice cookers, blenders, electric kettles, and other kitchen goods, as well as air purifiers, humidifiers, fans, and lighting equipment. The company also offers cleaning appliances, personal care products, and audio equipment. Twinbird Corporation was founded in 1951 and is headquartered in Tsubame, Japan.

Country
Price · split & dividend adjusted
News & notes moving 6897.JP
6897.JP6

Japanet Announces Withdrawal of TOB for Twinbird

Japanet Holdings, a major television shopping company, announced on the 2nd that it would withdraw its TOB (takeover bid) for Twinbird, a home appliance manufacturer based in Tsubame City, Niigata Prefecture. The company stated that it "takes seriously" Twinbird's opposition to the TOB expressed at the end of last month.
時事通信·16dRead more →
6897.JP

Twinbird announces it is carefully considering Japanet's tender offer bid

Home appliance manufacturer and seller Twinbird announced on the 13th that its board of directors and a special committee are carefully considering the tender offer for its shares being explored by Japanet Holdings, and that it plans to promptly announce its views once the necessary review is complete. Japanet had disclosed on June 19 that it intended to launch a tender offer at 800 yen per share aiming for full subsidiary status, conditional on Twinbird's agreement. Also on the 13th, Japanet announced that it had signed a confidentiality confirmation letter with Twinbird dated the 9th to advance specific discussions. Twinbird stated that it does not anticipate the process taking until late October, when Japanet had planned to commence the offer.
Reuters·68dRead more →