Makino Milling Machine Co ( (JP:6135) ) just unveiled an announcement.
Nidec Corporation has announced a tender offer to acquire Makino Milling Machine Co., Ltd., aiming to make it a wholly-owned subsidiary. Despite receiving competing acquisition proposals from third parties, Makino’s board has requested a delay in the tender offer to allow for a thorough evaluation of all proposals. The company has introduced response policies to ensure shareholders have the final say in the takeover decision, with the tender offer set to commence on or after May 9, 2025, contingent on the termination of these policies.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the manufacturing industry, specializing in the production of 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.
YTD Price Performance: 1.36%
Technical Sentiment Signal: Sell
Current Market Cap: $1.91B
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