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 ...
Nidec said it intended to spend about 257 billion yen ($1.63 billion) on the acquisition to take Makino private, but the target's board had not agreed to the offer of 11,000 yen per share. Nidec ...
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 ...
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 ...