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Home.forex news reportJapan's Nidec to offer takeover bid for machinery company Makino

Japan's Nidec to offer takeover bid for machinery company Makino

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KYOTO — Japanese motor manufacturer Nidec is set to make a takeover bid for Makino Milling Machine, a major machine tool manufacturer, without the consent of Makino's management, Nikkei has learned.
Makino's market capitalization stood at 190 billion yen after its stock price closed at 7,750 yen…



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