
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.
Electronic parts manufacturers have turned to invest in other businesses after the smartphones market began to decelerate. However, their future is yet to be forecasted.