President Takada Akito (髙田旭人) discussed with Toyo Keizai the circumstances behind ジャパネットホールディングス's tender offer proposal for Twinbird announced in June and its new vertical integration strategy for manufacturing and sales after abandoning the acquisition.
The announcement in June by Nagasaki-based ジャパネットHD of a tender offer (TOB) for listed home-appliance manufacturer Twinbird attracted market attention.
At the end of August, Twinbird's board of directors expressed its opposition to the acquisition proposal, and ジャパネットHD subsequently withdrew it.
In an interview with Toyo Keizai, President Takada Akito (髙田旭人) discussed the circumstances behind the acquisition decision and revealed that the company is considering a vertical integration model for manufacturing and sales as its M&A strategy after abandoning the acquisition.
The interview is scheduled to be streamed on 17 October as a YouTube video titled “News Commentary.”