Japan's Makino opposes Nidec's unsolicited takeover bid

Machine tool maker aims to activate poison pill as tender offer gets underway

20250410 Makino Nidec

Makino Milling Machine's machine tools: The company's board of directors will oppose a takeover bid by motor manufacturer Nidec.

TAKURO HOSODA and TOMOSHIZU KAWASE

TOKYO -- Makino Milling Machine, a Tokyo-listed machine tool manufacturer, announced Thursday that it has decided to oppose a takeover bid by Japanese motor maker Nidec.

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