DC Advisory (DC) exclusively advised Nidec Corporation (Nidec), a manufacturer of rotational products based on revolutionary drive technology, on the 100% acquisition and privatization of Brilliant Manufacturing Limited (Brilliant), a die casting, precision manufacturing and precision components producer for the disk drive industry.

Nidec announced a voluntary cash offer for all of Brilliant’s shares after securing irrevocable undertakings from 53% controlling shareholders to accept the offer.

At the close of the offer, Nidec achieved 87.11% acceptances.

Subsequently, Nidec successfully conducted a voluntary delisting of Brilliant from the SGX.