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Makino Milling Machine Co ( (JP:6135) ) has provided an update.
Makino Milling Machine Co., Ltd. has announced the receipt of a proposal from Nidec Corporation for a tender offer aimed at making Makino a wholly-owned subsidiary. In response, Makino has formed a special committee to evaluate the offer and has requested additional time to examine the terms and implications of the proposal, emphasizing the need to protect shareholder interests and enhance corporate value.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the industrial machinery sector, specializing in the production of milling machines and related equipment. The company focuses on providing advanced manufacturing solutions and has a market presence on the Tokyo Stock Exchange.
YTD Price Performance: 52.54%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.8B
Learn more about 6135 stock on TipRanks’ Stock Analysis page.
