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An announcement from Makino Milling Machine Co ( (JP:6135) ) is now available.
Makino Milling Machine Co., Ltd. has received a proposal from Nidec Corporation to become a wholly-owned subsidiary. In response, Makino has sent two letters of inquiry to Nidec seeking necessary information to assess the proposal’s impact on corporate value and shareholder interests. The company is exploring all strategic options and evaluating the proposal’s terms to ensure the best outcomes for stakeholders.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the manufacturing industry, focusing on producing advanced milling machines and machining centers. The company is listed on the Prime Market of the Tokyo Stock Exchange and is recognized for its commitment to enhancing corporate value and shareholder interests.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.89B
See more insights into 6135 stock on TipRanks’ Stock Analysis page.
