Denso Says ROHM Acquisition Proposal Lacks Support; No Decision Made; ROHM Shares Fall
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Denso Corp. announced that its acquisition proposal for ROHM Co. has not garnered support from the target company. Denso is contemplating its options, including potentially withdrawing the proposal, but no final decision has been made. The company's shares rose by 0.99% to JPY 1,886.50, while ROHM's shares fell by 9.46% to JPY 3,409 on the Tokyo Stock Exchange.
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