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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.
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.
Nidec announces 257 billion yen unsolicited bid for Makino Milling
JAPANESE manufacturing giant Nidec said on Friday (Dec 27) it planned to launch a tender offer for Makino Milling Machine at a 42 per cent premium to Thursday’s closing share price, with or without the target company’s approval.
Japan's Nidec targets Makino Milling in $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.
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
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.
47m
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 ...
8h
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 ...
1d
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 ...
21h
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 ...
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