Brother bids for Roland DG
- reported on printing and manufacturing journal
- Brother Industries Ltd plans hostile takeover of Roland DG
- Venture capital firm Taiyo Pacific Partners establishes XYZ Corporation to approach Roland DG
- Taiyo Pacific Partners owns 19.41% of Roland DG's shares
- Brother Industries Ltd, with history in sewing machines, aimed to acquire Roland DG
- Joint development project for inkjet printers initiated in December 2019
- Brother's offer to acquire all Roland DG shares rejected
- Brother makes renewed offer of ¥5200 per share
- Brother aims to de-list Roland DG and maintain current management structure
- Brother plans to finance the offer through own funds and borrowings
- Roland DG aims to transform product mix with direct to object printers
- Taiyo Pacific Partners has history of successful de-listing and relisting companies
- read more here