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Japan's Nidec takes aim at Makino Milling

Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid

By Kantaro Komiya and Rocky Swift 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 country better known for agreed deals.

Nikkei Asia · 1d

Japan's Nidec to offer takeover bid for machine tool maker Makino

KYOTO -- Japanese motor manufacturer Nidec is set to make a takeover bid for Makino Milling Machine, a major machine tool manufacturer, without the consent of Makino's management, Nikkei has learned.

Zawya · 23h

Japan's Nidec targets Makino Milling in $1.6bln unsolicited bid

Nidec plans to clear the regulatory processes by early April and launch the tender offer on April 4, even without Makino's consent, it said

Hosted on MSN · 20h

Japan's Nidec targets Makino Milling in $1.6 billion unsolicited bid

Bloomberg on MSN · 23h

Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino

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.

Nidec Announces Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

Nidec Corporation (the "Tender Offeror") hereby announces that (i) at the meeting of the Board of Directors held on December ...

19h

Nidec (OTCMKTS:NJDCY) Hits New 12-Month Low – What’s Next?

Nidec Co. (OTCMKTS:NJDCY – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $4.14 and last traded at $4.28, with a volume of 387157 shares ...

Japan’s Nikkei settles at 5-month closing high on optimism for corporate growth

TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average ended at a five-month closing high on Friday, as investors bet on ...

Japanese Market Significantly Higher

Adding to the gains in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the mixed ...

22h

Japan's Nikkei hits two-week high, Toyota rises for third day

TOKYO: Japan's Nikkei share average rose to a two-week high on Friday as a weak yen lifted exporters, with Toyota Motor ...

17h

Asia report: Markets mixed amid fresh data from China, Japan

Asia-Pacific markets ended the day with mixed performances on Friday, as investors digested economic data from the region, ...

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