Nidec Launches Takeover Bid for Makino Milling
Tokyo, April 4 (Jiji Press)--Japanese motor manufacturer Nidec Corp. launched a tender offer for machine manufacturer Makino Milling Machine Co. on Friday, despite repeated requests from the target company to postpone the bid.
It is uncertain whether Nidec's takeover bid can be successfully completed, as Makino Milling has strengthened its negative stance, although it has not expressed opposition.
(2025/04/04-22:16)
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