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Makino Milling Machine Faces Delay in Tender Offer Due to Regulatory Hurdles

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Makino Milling Machine Faces Delay in Tender Offer Due to Regulatory Hurdles

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Makino Milling Machine Co ( (JP:6135) ) has provided an update.

Makino Milling Machine Co., Ltd. has announced a delay in the planned tender offer for its shares by MM Holdings K.K. due to incomplete regulatory clearances. The company and the tender offeror are working to resolve outstanding procedures in several countries, including the U.S., China, Japan, France, and Italy, aiming to commence the offer as soon as possible.

The most recent analyst rating on (JP:6135) stock is a Hold with a Yen11816.00 price target. To see the full list of analyst forecasts on Makino Milling Machine Co stock, see the JP:6135 Stock Forecast page.

More about Makino Milling Machine Co

Makino Milling Machine Co., Ltd. operates in the manufacturing industry, specializing in milling machines and related equipment. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing advanced machining solutions to various sectors.

Average Trading Volume: 115,161

Technical Sentiment Signal: Buy

Current Market Cap: Yen258.8B

Learn more about 6135 stock on TipRanks’ Stock Analysis page.

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