Japan's Nidec takes aim at Makino Milling with $1.6 billion …
2 days ago · Japanese manufacturing giant Nidec said on Friday it planned to launch a ¥257 billion ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better ...
Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino
2 days ago · (Bloomberg) -- 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 ...
Japan's Nidec takes aim at Makino Milling with $1.6 bln …
2 days ago · TOKYO, Dec 27 (Reuters) - Japanese manufacturing giant Nidec (6594.T), opens new tab said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine (6135.T ...
Nidec announces 257 billion yen unsolicited bid for Makino Milling
2 days ago · Shares of Makino went untraded amid a glut of buy orders on Friday morning, while Nidec shares were up more than 1 per cent. Kyoto-based Nidec, the world’s top manufacturer of precision motors, is known for aggressive acquisitions led by founder Shigenobu Nagamori, including an unsolicited takeover last year of Takisawa Machine Tool in a 16.6 billion yen offer.
Nidec Announces Scheduled Commencement of Tender Offer for Makino …
1 day ago · ① Tender Offeror Nidec Corporation: ② Target of Tender Offer Makino Milling Machine Co., Ltd. ③ Type of Share Certificates, etc. to be Tendered, etc.
Nidec shares jump as it proposes unsolicited $1.6 billion Makino ...
2 days ago · Investing.com-- Kyoto-based precision motor manufacturer Nidec Corp (TYO: 6594) has announced plans to launch a 257 billion yen ($1.6 billion) tender offer to acquire industrial gear supplier ...
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Japan's Nidec to offer takeover bid for machine tool maker Makino
2 days ago · The announcement was made public without the consent of Makino's management. Nidec will offer 11,000 yen per share with a 41.94% premium over the Thursday closing price of 7,750 yen.
Nidec to bid $1.6 billion for Makino Milling - MSN
Nidec plans to clear the regulatory processes by early April and to launch the tender offer on April 4, even without Makino's consent, it said in a statement. ($1 = 157.7400 yen)
Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino (2)
2 days ago · 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. The Kyoto-based maker of precision and automotive motors said it’s offering ¥11,000 per share for Makino Milling, a 42% premium to the company’s Thursday close. Makino Milling’s shares went untraded Friday ...
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