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.
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 seeks takeover of 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 $1.6 billion unsolicited bid for Makino Milling
By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a tender offer for Makino Milling Machine at a 42% premium to Thursday's closing share price,
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. The Kyoto-based ...
Japan's Nidec to offer takeover bid for machine tool maker Makino
KYOTO/TOKYO -- Japanese motor manufacturer Nidec announced on Friday that it will make a takeover bid for Makino Milling Machine, a Tokyo-listed machine tool manufacturer. The announcement was made public without the consent of Makino's management.
Business Wire2d
Nidec Announces Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the "Tender Offeror") hereby announces that (i) at the meeting of the Board ...
akm3d
Japan's Nidec intends to acquire Makino Milling Machine for $1.6 billion
Japanese manufacturer of precision and automotive engines Nidec Corp. I intend to submit an application for the acquisition of Makino Milling Machine Co. This is reported in the Nidec press release.
Seeking Alpha25d
MKMLF Makino Milling Machine Co., Ltd.
Makino Milling Machine Co., Ltd. engages in the manufacture and sale of machine tools in Japan, China, rest of Asia, the United States, rest of Americas, Europe, and internationally. The company ...