The latest announcement is out from Makino Milling Machine Co ( (JP:6135) ).
Makino Milling Machine Co., Ltd. has announced the expiration of the period for providing necessary information regarding Nidec Corporation’s proposal to acquire the company. The board of directors has begun evaluating the proposal and is considering alternative offers from third parties to ensure the best outcome for shareholders. The company will continue to gather information and engage with Nidec as needed, while also pursuing final letters of intent from other interested parties.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the industrial machinery sector, specializing in manufacturing milling machines. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its focus on precision machining solutions.
YTD Price Performance: 1.36%
Technical Sentiment Signal: Sell
Current Market Cap: $1.91B
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