Nidec offers to buy Makino Milling Machine for over $1.6 billion, a 41.94% share premium.

Nidec, a Japanese motor manufacturer, is planning an unsolicited takeover bid for Makino Milling Machine, offering 11,000 yen per share, which is a 41.94% premium over the last closing price of 7,750 yen. If successful, the deal will cost over 250 billion yen, or approximately $1.6 billion.

3 months ago
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