Makino Milling Machine (6135 JP): A Rollercoaster Ride as NSSK Rumoured to Launch a Competing Bid
While the NSSK offer will be preconditional on regulatory approvals, it will not require FEFTA approval. I estimate the NSSK potential offer to be...
566 Views
Makino Milling Machine (6135 JP): Precedent Set as FEFTA Approval Is Rumoured to Be Not Forthcoming
FEFTA-related deal break is rare. Due to a significant re-rating of peers/index and upgraded forecasts since the offer announcement, the share...
591 Views
Could Trump Add to Consolidation Pressure on Japan's Auto Industry
On the 4th of February the Nikkei reported that Toyota Motor Corp (7203 JP) and Suzuki Motor Corp (7269 JP) were in discussions regarding an...
2.7k Views
Japan Activism Briefs | Senko, Ezaki Glico, DMG Mori
Dalton Investments seeks to address value dilution and governance issues at Senko, while Rheos Capital takes a passive approach with a stake in...
378 Views
Makino Milling Machine (6135 JP): Tender Delayed as the Case for a Bump Is Becoming Persuasive
FEFTA approval should be forthcoming. Despite mitigating factors, the case for a bump is increasingly persuasive given peers' material reratings,...
478 Views