
NIDEC Withdraws TOB Amid Concerns Over Makino’s Countermeasures
Nidec cancels its bid for Makino after court rejects injunction, citing economic concerns.
Nidec cancels its bid for Makino after court rejects injunction, citing economic concerns.
The Japan Die & Mold Industry Association released a survey revealing that over 50% of its members expect a negative impact from Nidec’s takeover bid for Makino Milling.
Disclosure of the sales forecast of 21 machine tools companies for the fiscal year 2018 indicates the part shortage may affect the revenue growth while the market uncertainty canno…