Nidec Withdraws $1.8 Billion Hostile Bid for Makino Milling Nidec Corp. is withdrawing a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine Co., bowing to strong resistance from its target. Related Posts:SoftBank Makes Surprise $2 Billion Bet on Intel’s AI RevivalMotorola Agrees to Acquire Radio Maker Silvus for…Sanhua Falls in Hong Kong Debut After $1.2 Billion ListingTSMC Supplier GlobalWafers to Hike US Investment to…SoftBank Shares Depend on AI More Than Ever After…Vistra Makes AI Power Bet With $1.9 Billion Gas DealSee also Nepal Scraps Social-Media Ban After Clashes Kill 19 People
