Makino Milling Machine Co ( (JP:6135) ) just unveiled an announcement.
Makino Milling Machine Co., Ltd. has received a proposal from Nidec Corporation to become a wholly-owned subsidiary. In response, Makino has engaged in several rounds of inquiries and meetings to assess the proposal’s impact on its corporate value and shareholder interests. The company remains open to exploring strategic options and is committed to ensuring shareholders have the necessary information to make informed decisions.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the manufacturing industry, focusing on producing high-precision milling machines and related equipment. The company primarily serves sectors that require advanced machining solutions, such as automotive, aerospace, and electronics industries.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.92B
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