Investing.com -- Taiwan's Silitech Technology has announced a tender offer for a unit of Fujitsu, FDK, at a rate of 435 yen per share.

This offer represents a roughly 32% discount compared to the closing price of 640 yen on Wednesday, according to Bloomberg calculations.

The offer period is set to run from February 13 to March 13. Fujitsu has agreed to sell a portion of its stake in FDK for approximately 6.8 billion yen.

This sale will reduce Fujitsu's holding from 58.92% to 13.84%.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.