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Japan's Nidec takes aim at Makino Milling
Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid
By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed deals.
Japan's Nidec to offer takeover bid for machine tool maker Makino
KYOTO -- Japanese motor manufacturer Nidec is set to make a takeover bid for Makino Milling Machine, a major machine tool manufacturer, without the consent of Makino's management, Nikkei has learned.
Japan's Nidec targets Makino Milling in $1.6bln unsolicited bid
Nidec plans to clear the regulatory processes by early April and launch the tender offer on April 4, even without Makino's consent, it said
Japan's Nidec targets Makino Milling in $1.6 billion unsolicited bid
Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed deals.
Japan's Nidec seeks takeover of machine tool maker Makino
KYOTO -- Japanese motor manufacturer Nidek is set to make a takeover bid for Makino Milling Machine, a major machine tool manufacturer, without the consent of Makino's management, Nikkei has learned. Makino's market capitalization stood at 190 billion yen after its stock price closed at 7,750 yen on Thursday.
Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino
Nidec Corp. is offering ¥257.3 billion ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.
Business Wire
1d
Nidec Announces Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the "Tender Offeror") hereby announces that (i) at the meeting of the Board ...
Seeking Alpha
23d
MKMLF Makino Milling Machine Co., Ltd.
Makino
Milling
Machine
Co., Ltd. engages in the manufacture and sale of
machine
tools in Japan, China, rest of Asia, the United States, rest of Americas, Europe, and internationally. The ...
Investing
6d
Makino Milling Machine Co Ltd (6135)
Aaaaaaa A A A 117.36 +20.74% ...
Yahoo Finance
1mon
Makino Milling Machine Co., Ltd. (6135.T)
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