Hoya mounts $1.4b counter-bid for Toshiba unit NuFlare

Hoya mounts $1.4b counter-bid for Toshiba unit NuFlare

Photo by Alexandre Debiève on Unsplash

Japan’s Hoya Corp on Friday announced a counter-bid for Toshiba Corp’s chip-making equipment maker NuFlare Technology, saying it would pay 147.7 billion yen ($1.4 billion) provided Toshiba’s tender offer is unsuccessful.

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