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Makino Milling Machine Co ( (JP:6135) ) just unveiled an announcement.
Makino Milling Machine Co., Ltd. has received a response from Nidec Corporation regarding a tender offer proposal to make Makino a wholly-owned subsidiary. The special committee formed by Makino will review the response in detail, which could significantly impact the company’s future operations and market positioning.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd. operates in the manufacturing industry, focusing on producing advanced milling machines. It is listed on the Prime Market of the Tokyo Stock Exchange and aims to become a wholly-owned subsidiary of Nidec Corporation through a tender offer.
YTD Price Performance: 52.54%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.8B
Find detailed analytics on 6135 stock on TipRanks’ Stock Analysis page.
