TDK CORPORATION
TDK Corporation Announces AMF Approval of Public Tender Offer
TDK Corporation (TSE:6762) and its wholly owned subsidiary, TDK Electronics AG, have announced that the French Financial Markets Authority (Autorité des Marchés Financiers – “AMF”) approved their proposed public tender offer on November 6, 2025. The offer will be followed by a mandatory squeeze-out targeting the shares of Tronic's Microsystems S.A., listed on Euronext Growth Paris.
Key Offer Details
- Offer Price: €5.56 per share
- Offer Duration: 10 trading days
Regulatory Context
The press release was prepared and issued by TDK Electronics AG (“TDK” or the “Initiator”) in accordance with Article 231-28 I of the AMF’s General Regulations. The AMF, following its compliance decision, granted visa no. 25-430 dated November 6, 2025, for the information memorandum linked to this offer.
Next Steps
After completion of the public withdrawal offer, a mandatory delisting procedure under Article L. 433-4, II of the French Monetary and Financial Code will be implemented, as all conditions for delisting have now been satisfied.
“The AMF has declared the proposed public tender offer compliant, followed by a mandatory squeeze-out.”
Author’s Summary
TDK Electronics gains AMF approval to proceed with its €5.56-per-share tender offer and subsequent delisting of Tronic’s Microsystems from Euronext Growth Paris.