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 to offer takeover bid for machinery company 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.
Nidec announces $1.6bln unsolicited bid for Makino Milling
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
Nidec announces $1.6 billion unsolicited bid for Makino Milling
By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a tender offer for Makino Milling Machine at a 42% premium to Thursday's closing share price,
Japan's Nidec to offer takeover bid for machine tool maker Makino
KYOTO/TOKYO -- Japanese motor manufacturer Nidec announced on Friday that it will make a takeover bid for Makino Milling Machine, a Tokyo-listed machine tool manufacturer. The announcement was made public without the consent of Makino's management.
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.
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