Japan's Nidec takes aim at Makino Milling with $1.6 bln …
3 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 ...
Japan's Nidec takes aim at Makino Milling with $1.6 billion …
3 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 ...
Nidec Announces Scheduled Commencement of Tender Offer for Makino …
2 days 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.
Japan’s Nidec Offers $1.6 Billion to Buy Out Makino Milling
3 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.
Japan's Nidec announces $1.6 billion tender offer for Makino Milling ...
3 days ago · TOKYO (Reuters) - Japan's Nidec Corp announced on Friday it plans to launch a tender offer for Makino Milling Machine, offering 11,000 yen per share. Nidec said in a statement it intends to spend about 257 billion yen ($1.63 billion) on the acquisition.
Nidec announces 257 billion yen unsolicited bid for Makino Milling
3 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.
Japan's Nidec seeks takeover of machine tool maker Makino
3 days ago · KYOTO/TOKYO -- Japanese motor manufacturer Nidec announced on Friday an unsolicited bid for Makino Milling Machine, a Tokyo-listed machine tool manufacturer that would mark its latest acquisition ...
Nidec Offers $1.6 Billion To Acquire Makino Milling Machine
20 hours ago · According to Bloomberg, Japanese automotive electric motor manufacturer Nidec has announced an offer to acquire industrial gear supplier Makino Milling Machine Co. for 11,000 yen per share, totaling 257.3 billion yen (approximately $1.6 billion), a 42% premium over the recent closing price of the latter's stock.
Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino (2)
3 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 ...
Nidec to Acquire Makino Milling in Strategic Takeover, Offering …
2 days ago · Nidec has announced plans to acquire Makino Milling Machine Co., through a tender offer aimed at making Makino a wholly-owned subsidiary. The tender offer is scheduled to commence on April 4, 2025, with a price of 11,000 yen per share, representing premiums ranging from 41.94% to 74.24% over various trading periods.. The tender offer has no upper limit on shares to be purchased but sets a ...