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TSE halts trading of Makino Milling Machine shares amid reports MBK accepts government advisory to abandon takeover
The Tokyo Stock Exchange announced on the 30th that it halted trading of Makino Milling Machine Co.,Ltd. <6135> shares from 2:10 p.m. that day. The reason cited was "to confirm the authenticity of reports regarding the withdrawal of a tender offer." The Nikkei reported on the same day that "MBK Partners, an Asia-based investment fund, has decided to accept the government's advisory to abandon its acquisition of Makino Milling Machine Co.,Ltd., it was learned on the 30th."
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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