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Denso Corporation says it is considering withdrawing its takeover bid for ROHM.
Denso Corporation stated that it is evaluating multiple options, including withdrawing its all-cash takeover bid for RYOBI. Denso acknowledged that it has not yet obtained RYOBI’s approval regarding the share acquisition. There is no final decision at this stage. Additionally, RYOBI confirmed that it has not expressed any approval and stated that Denso is considering subsequent response plans. (Sina Finance)