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Toshiba Machine faces surprise bid from Murakami-linked investors

Company prepared to take defensive measures against tender offer

Toshiba Machine makes machine tools and die-casting equipment, among other products. 

TOKYO -- Industrial equipment maker Toshiba Machine said Friday that it has received notice that shareholders with ties to activist investor Yoshiaki Murakami will launch a bid to enlarge their nearly 11.5% stake.

Tokyo-headquartered Office Support told Toshiba Machine on Thursday that it would begin a tender offer for the manufacturer's shares this coming Tuesday, without disclosing how many shares it sought to buy or at what price, according to the statement.

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