The ¥257 billion ($1.8 billion) tender offer—unusual in Japan, where such deals are negotiated privately—was set to open in April, but in March, Makino, which had ¥234 billion in revenue in ...

However, NIDEC withdrew its tender offer this month as the response from Makino Milling Machine was not favorable. Meanwhile, the amount of the tender offer that MBK will pursue is still unknown ...

TOKYO -- Asian private equity firm MBK Partners has been granted the right of first refusal in negotiations to purchase Japan's Makino Milling Machine, Nikkei has learned. Multiple funds have ...

Analyst Ratings Published 05/14/2025, 03:04 AM 0 UBS raises Makino Milling Machine stock rating to Buy 6135 0.18% ...

As announced in the press release dated April 3, 2025, titled “Notice Regarding Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)” (as amended by and ...

Shares of Makino Milling Machine Co. tumbled as much as 21% on Friday, the most on record, after Nidec Corp. withdrew its unsolicited takeover bid for the Japanese machine tool maker.

Nidec is withdrawing a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.

Nidec's offer, at 11,000 yen per share, valued Makino Milling at 257 billion yen ($1.78 billion). Makino Milling's shares ended down 0.36% on Thursday at 11,090 yen.

TOKYO :Japan's Nidec Corp said on Thursday it was withdrawing its bid for Makino Milling Machine, giving up on its unsolicited takeover plan after Makino threatened to mount a "poison pill ...

Tokyo-listed machine tool maker, Makino Milling Machine, has opposed a $1.6 billion takeover bid by Japan's Nidec Corporation. Anderson Mori & Tomotsune is advising a Makino Milling special ...