TOKYO, July 30 (Reuters) - Sony Group has made a proposal to acquire Tamron Co, the Japanese camera lens maker said on Thursday, adding it has established a special committee to review various options.
Sony has made a non-binding proposal for a series of transactions to make Tamron a wholly owned Sony subsidiary, the optical components manufacturer said in a statement.
Tamron had a market capitalisation of $1.18 billion at Wednesday's close.
A Sony spokesperson said the company believes the proposal will enhance Tamron's corporate value and the collective interests of its stakeholders.
(Reporting by Hina Suzuki; Editing by Jacqueline Wong)