Nidec's $1.6B Bid for Makino Lifts Shares
Nidec's $1.6 billion acquisition offer for Makino Milling Machine comes with a 42% premium, propelling Nidec stock by over 1%. Is this a strategic move or a risky gamble?
Nidec announced a $1.6 billion bid for Makino Milling Machine, with shares up more than 1%.