financetom
Business
financetom
/
Business
/
Japan's Makino Milling requests changes to unsolicited bid from Nidec
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Makino Milling requests changes to unsolicited bid from Nidec
Jan 14, 2025 10:28 PM

TOKYO (Reuters) - Japanese machine tool manufacturer Makino Milling Machine ( MKMLF ) said on Wednesday that it asked Nidec ( NNDNF ) to make changes to an unsolicited takeover bid announced last month.

Makino said in a statement it asked Nidec ( NNDNF ) to push back the tender offer launch date to May 9 from April 4, and to revise the minimum takeover threshold to two-thirds from one-half.

Nidec ( NNDNF ), the world's top manufacturer of precision motors, had said on Dec. 27 it plans to clear regulatory processes by early April and launch the tender offer on April 4.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Warner Bros. Discovery Posts Mixed Third-Quarter Results; Subscriber Growth Falls Short of Street Views
Warner Bros. Discovery Posts Mixed Third-Quarter Results; Subscriber Growth Falls Short of Street Views
Nov 6, 2025
09:06 AM EST, 11/06/2025 (MT Newswires) -- Warner Bros. Discovery ( WBD ) reported a smaller-than-expected third-quarter loss on Thursday, although revenue declined more than projected, while the media and entertainment giant added fewer subscribers than Wall Street estimated. The company posted a net loss of $0.06 a share for the September quarter, compared with earnings of $0.05 the year...
Dentsply Sirona's Q3 Adjusted Earnings, Revenue Drop; Full-Year 2025 EPS Guidance Lowered
Dentsply Sirona's Q3 Adjusted Earnings, Revenue Drop; Full-Year 2025 EPS Guidance Lowered
Nov 6, 2025
09:03 AM EST, 11/06/2025 (MT Newswires) -- Dentsply Sirona ( XRAY ) reported Q3 adjusted earnings Thursday of $0.37 per diluted share, down from $0.50 a year earlier. Analysts polled by FactSet expected $0.45. Revenue for the quarter ended Sept. 30 was $904 million, down from $951 million a year earlier. Analysts surveyed by FactSet expected $896.6 million. The company...
United Parks & Resorts Q3 Earnings, Revenue Fall
United Parks & Resorts Q3 Earnings, Revenue Fall
Nov 6, 2025
09:06 AM EST, 11/06/2025 (MT Newswires) -- United Parks & Resorts ( PRKS ) reported Q3 earnings Thursday of $1.61 per diluted share, down from $2.08 a year earlier. Analysts surveyed by FactSet expected $2.25. Revenue for the quarter ended Sept. 30 was $511.9 million, compared with $545.9 million a year earlier. Analysts surveyed by FactSet expected $538.7 million. The...
Strategic Education's Q3 Adjusted Earnings, Revenue Rise
Strategic Education's Q3 Adjusted Earnings, Revenue Rise
Nov 6, 2025
09:06 AM EST, 11/06/2025 (MT Newswires) -- Strategic Education ( STRA ) reported Q3 adjusted earnings Thursday of $1.63 per diluted share, up from $1.16 a year earlier. Three analysts polled by FactSet expected $1.30. Revenue for the quarter ended Sept. 30 was $319.9 million, up from $306 million a year earlier. Three analysts surveyed by FactSet expected $314.7 million....
Copyright 2023-2026 - www.financetom.com All Rights Reserved