JAPAN'S MAKINO MILLING SAYS IT RECEIVED BUYOUT OFFERS RIVALLING NIDEC'S
NEWS Desk Global
Japan's Makino Milling Machine said on Monday it has received legally binding third-party proposals for acquisition that rival an unsolicited buyout offer from Nidec.
The proposals include those from MBK Partners and Nippon Sangyo Suishin Kiko Group (NSSK). Makino has also asked Nidec to postpone starting its tender offer bid to May 9 or later.
Comments