TOKYO -- Asian private equity firm MBK Partners has been granted the right of first refusal in negotiations to purchase Japan's Makino Milling Machine, Nikkei has learned.
Business deals
Asian private equity firm MBK wins first-negotiation rights for Makino
Deal comes after Japan's Nidec withdrew an unsolicited takeover bid
Multiple funds have shown interest in Tokyo-listed machine tool maker Makino Milling Machine, which now believes it will be difficult to survive on its own.
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