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MM Holdings LLC to Initiate Tender Offer for Makino Milling Machine Shares

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MM Holdings LLC to Initiate Tender Offer for Makino Milling Machine Shares

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The latest update is out from Makino Milling Machine Co ( (JP:6135) ).

MM Holdings LLC has announced its plan to commence a tender offer to acquire all common shares of Makino Milling Machine Co., Ltd., excluding treasury shares. This move aims to take Makino private, allowing MBK Partners, a private equity firm with a strong presence in East Asia, to manage and control the company’s business operations, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (JP:6135) stock is a Buy with a Yen7700.00 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. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing advanced machining solutions.

Average Trading Volume: 244,186

Technical Sentiment Signal: Buy

Current Market Cap: Yen272.1B

See more insights into 6135 stock on TipRanks’ Stock Analysis page.

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