Nidec Corp. is offering ¥257.3 billion ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company. The Kyoto-based ...
KYOTO/TOKYO -- Japanese motor manufacturer Nidec announced on Friday that it will make a takeover bid for Makino Milling Machine, a Tokyo-listed machine tool manufacturer. The announcement was ...