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Japan's Nidec takes aim at Makino Milling
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.
Nidec announces 257 billion yen unsolicited bid for Makino Milling
JAPANESE manufacturing giant Nidec said on Friday (Dec 27) it planned to launch a tender offer for Makino Milling Machine at a 42 per cent premium to Thursday’s closing share price, with or without the target company’s approval.
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 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 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.
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 ...
2d
Nidec (OTCMKTS:NJDCY) Hits New 12-Month Low – What’s Next?
Nidec Co. (OTCMKTS:NJDCY – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $4.14 and last traded at $4.28, with a volume of 387157 shares ...
Digi Times
16d
Supermicro partners with Nidec on water cooling CDU to enhance NVL72 cooling efficiency
Japanese company Nidec has announced its collaboration with Supermicro to develop a coolant distribution unit (CDU) for AI ...
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