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Makino Milling Machine Co ( (JP:6135) ) has provided an update.
Makino Milling Machine Co., Ltd. is currently evaluating a proposal from Nidec Corporation to become a wholly-owned subsidiary via a tender offer. The company is thoroughly examining the proposal with a focus on enhancing corporate value and shareholder interests, consulting independent financial and legal advisors. Makino has sent a ‘Letter of Inquiry’ to Nidec to gather more information regarding the proposal’s synergies and potential impacts, ensuring informed decisions for their shareholders.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the manufacturing industry, specializing in milling machines and other precision machinery. The company primarily focuses on delivering advanced machining solutions to enhance productivity and efficiency, catering to a global market with diverse industrial applications.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.9B
Find detailed analytics on 6135 stock on TipRanks’ Stock Analysis page.
