Nidec: Makino Milling's Union Says It's Against Any Takeover by Nidec
Makino Milling Machine Co.'s official labor union reiterated its opposition to Nidec Corp.'s $1.6 billion offer to acquire the machine tool maker, arguing that the business sense of any deal was unclear.
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Nidec is a Japan-based company that manufactures and distributes electric motors and optical components for industries such as automobiles, health care, and agriculture.
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