Rakon has officially returned to profitability after experiencing two consecutive years of losses, prompting the company to encourage shareholders to sell their shares in the ongoing acquisition bid from the American firm Bourns. The New Zealand Exchange-listed manufacturer of oscillators announced earlier today that its preliminary net profit after tax for the fiscal year is significantly promising, with expectations of a near 90% acceptance of the takeover offer. The suitor has indicated that receiving regulatory approval from French authorities for the acquisition is likely to be granted, which could further solidify Rakon's recovery in the market.