Sony Is Officially Trying to Acquire Tamron
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Sony has officially made an acquisition offer to Tamron, the lens maker confirmed today. Tamron says that Sony's proposal outlines a series of transactions that will result in Sony owning all shares of Tamron, establishing it as a wholly owned subsidiary company. As expected, Tamron did not share the financial details of Sony's acquisition proposal. Somewhat surprisingly, though, Tamron's statement makes it sound like the only reason it is saying anything at all is because of yesterday's reports, which PetaPixel analyzed. Tamron's full, machine-translated statement is presented below, with "Company" referring to Tamron: Regarding Certain Media Reports Concerning the Company Yesterday, Diamond Online published a report stating that a proposal for the acquisition of the Company had been made; however, this report did not originate from the Company. While it is true that the Company has received a non-binding proposal from Sony Corporation regarding a series of transactions to make the Company a wholly-owned subsidiary of the Sony Group - and has subsequently established a special committee to examine various options for enhancing corporate value - there are no matters requiring public disclosure at this time. Should any matters requiring disclosure arise in the future, we will announce them promptly. End of statement. Given that Tamron has established a special committee to...
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