Makino Milling’s Union Says It’s Against Any Takeover by Nidec
Makino Milling Machine Co.’s official labor union reiterated its opposition to Nidec Corp.’s $1.6 billion offer to acquire ...
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Japan's Nidec intends to acquire Makino Milling Machine for $1.6 billion
On December 27, Makino Milling shares were not traded due to a large number of purchase orders, while Nidec shares rose 5.3%. The proposed deal is aimed at increasing Nidec's operating profit by 7-9% ...