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09.03.26 - 12:06
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15 Years On: Govt to Show Safety of Soil from Decontamination (Nippon)
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Tokyo, March 9 (Jiji Press)--The Japanese government needs to show the safety of soil from decontamination work after the 2011 nuclear accident in Fukushima Prefecture, postdisaster reconstruction minister Takao Makino has said. The government will promote the reuse of the soil with low levels of radioactivity, which was collected through decontamination of areas polluted by the triple melt......
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23.02.26 - 14:54
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Apple’s Stock Recovery Is No Recovery At All (24/7 Wall St.)
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Apple's (NASDAQ: AAPL) stock has partially recovered from a sell-off that hit other large tech companies harder, because they are “dumping” hundreds of billions of dollars into data centers. Apple, the argument goes, does not have this exposure to infrastructure investment. Ryuta Makino, research analyst at Gabelli Funds, told Barron's, “People do look at it ... Apple's Stock Recovery Is No Recovery At All
The post Apple's Stock Recovery Is No Recovery At All appeared first on 24/7 Wall St.....
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04.06.25 - 03:18
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MBK Partners to Launch Tender Offer for Makino Milling Machine (Nippon)
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Tokyo, June 4 (Jiji Press)--MBK Partners, an Asian investment fund, said Tuesday that it will launch a tender offer for Makino Milling Machine Co. at 11,751 yen per share by early December to take full control of the Japanese machine tool maker. Makino agreed with the bid from MBK Partners and recommended that all shareholders tender their shares in the offer. In December 2024, Japanese m......
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09.05.25 - 10:27
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Nidec Announces the Withdrawal of the Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135) (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced that the Company decided to withdraw the acquisition of shares of common stock of Makino Milling Machine Co., Ltd. (the “Target Company”) , a company listed on the Prime Market of the Tokyo Stock Exchange, Inc., through a tender offer (the “Tender Offer”) effective May 9, 2025.
As announced in the press release dated April 3, 2025, titled “Notice Regarding Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)” (as amended by and including corrections made by the press release dated April 7, 2025, titled “(Correction) Notice Regarding Partial Correction of “Notice Regarding Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)””), Nidec Corporation resolved on April 3, 2025, by the Board of Directors to acquire shares of common stock of Makino Milling Machine Co., Ltd., a company listed on the ...
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08.05.25 - 11:48
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Nidec Withdraws Takeover Bid for Makino Milling (Nippon)
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Tokyo, May 8 (Jiji Press)--Japanese motor manufacturer Nidec Corp. said Thursday that it has decided to withdraw its tender offer for Makino Milling Machine Co. Nidec made the decision in light of the possibility that it would suffer damage if Makino Milling implements a planned takeover defense measure, the free allocation of stock options to existing shareholders. In December, Nidec ann......
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10.04.25 - 12:01
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Konecranes supplies 14 cranes to Makino′s new manufacturing facility in Vietnam (Cision)
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[image]
Konecranes is providing 14 cranes to Makino for its new manufacturing facility in Hung Yen province, near Hanoi, Vietnam. This investment supports Makino's expansion in the region, enhancing its manufacturing capabilities for high-precision metal-cutting and EDM (Electrical Discharge Machining) machines. The order, received in August 2024, is currently being installed and is expected to be completed by the end of April 2025.
The cranes are designed to enable efficient and safe material movement across Makino's production lines, shipping area, showroom, staging zone,...
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04.04.25 - 15:36
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Nidec Launches Takeover Bid for Makino Milling (Nippon)
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Tokyo, April 4 (Jiji Press)--Japanese motor manufacturer Nidec Corp. launched a tender offer for machine manufacturer Makino Milling Machine Co. on Friday, despite repeated requests from the target company to postpone the bid. It is uncertain whether Nidec's takeover bid can be successfully completed, as Makino Milling has strengthened its negative stance, although it has not expressed oppos......
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04.04.25 - 09:57
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Nidec Announces Its Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135) (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the “Tender Offeror”) hereby announces that, on April 3, 2025, it has resolved to acquire the shares of common stock (the “Target Company's Stock”) of Makino Milling Machine Co., Ltd. (Prime Market of the Tokyo Stock Exchange, Inc. (the “TSE”), Securities Code: 6135; the “Target Company”) through a tender offer (the “Tender Offer”) pursuant to the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; the “Act”).
Full version of this press release:
https://nidec.g.kuroco-img.app/v=1743726423/files/topics/18453_ext_2_en_0.pdf
Contacts
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com...
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19.03.25 - 09:30
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Nidec Announces Its Submissions of Answers to the Third Questionnaire from Makino Milling Machine Co., Ltd. (Securities Code: 6135) (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.'s Prime Market) (the “Target Company”) in response to the third questionnaire, a document dated March 11, 2025 that Nidec received from the Target Company.
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec, as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. a wholly owned subsidiary of the Company, decided to acquire the shares of common stock of the Target Company through a tender offer, and on the same day submitted to it a letter of intent regarding the Transaction.
The Company intends to continue to provide the Target Company with information that it needs to disclose its op...
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