#Latest news with #MakinoMillingMachineCoBloomberg26-03-2025BusinessBloombergMakino Milling's Union Says It's Against Any Takeover by NidecMakino Milling Machine Co. 's official labor union reiterated its opposition to Nidec Corp. 's $1.6 billion offer to acquire the machine tool maker, arguing that the business sense of any deal was unclear. Members of the union said in a news conference Wednesday that they remain against a takeover by Kyoto-based Nidec, adding that the maker of precision equipment has failed to allay their concerns about its unsolicited bid initiated in December.
Bloomberg26-03-2025BusinessBloombergMakino Milling's Union Says It's Against Any Takeover by NidecMakino Milling Machine Co. 's official labor union reiterated its opposition to Nidec Corp. 's $1.6 billion offer to acquire the machine tool maker, arguing that the business sense of any deal was unclear. Members of the union said in a news conference Wednesday that they remain against a takeover by Kyoto-based Nidec, adding that the maker of precision equipment has failed to allay their concerns about its unsolicited bid initiated in December.
26-03-2025
