KYOTO/TOKYO -- Japanese motor manufacturer Nidec announced on Friday an unsolicited bid for Makino Milling Machine, a Tokyo-listed machine tool manufacturer that would mark its latest acquisition in the industry.
Business deals
Japan's Nidec seeks takeover of machine tool maker Makino
$1.6bn unsolicited offer aims to create one of world's top suppliers
Nidec is set to offer a takeover bid for Makino Milling Machine. (Source photos by Kosaku Mimura)
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Business deals
