Yageo, a leading manufacturer of passive components, announced on June 17 that it has further extended the deadline for its acquisition of Japan's Chiba Electronics to July 1. The intended acquisition targets 15,246,293 ordinary shares of Chiba Electronics. In the event that the final count of valid tender shares falls short of the predetermined acquisition target but meets the minimum requirement of 7,623,147 shares (equivalent to 50% of the predetermined target), the quantitative condition for the public tender offer will still be deemed satisfied. Yageo has made several adjustments to this acquisition plan, including increasing the acquisition offer in response to competitive pressures from MinebeaMitsumi. This extension of the acquisition timeline could offer Yageo additional leverage in negotiations with Chiba Electronics, potentially leading to a final acquisition agreement.