Makino Milling Machine Co., Ltd.
Notice on Progress of Tender Offer Implementation by MM Holdings Co., Ltd. for Shares of Makino Milling Machine Co., Ltd. (Securities Code: 6135)
MM Holdings Co., Ltd. announced that the clearance based on Japanese investment regulation laws for initiating the tender offer for shares of Makino Milling Machine Co., Ltd. remains incomplete, with the start date expected in late June 2026.
Key Figures
- Scheduled Start Period for Tender Offer: Late June 2026 (expected delay)
- Acquisition Target Shares: All common shares of Makino Milling Machine Co., Ltd. (excluding treasury stock)
- Clearance Status in Japan: Not obtained (under review)
AI要約
Progress of the Tender Offer
MM Holdings Co., Ltd. intends to conduct a tender offer to acquire all common shares of Makino Milling Machine Co., Ltd. (excluding treasury stock). The planned start was announced on June 3, 2025. Clearances under competition law and investment regulations in multiple countries have been obtained; however, clearance in Japan remains unacquired, with authority review ongoing. The tender offer is expected to commence in late June 2026.
Outlook and Contract Status
The tender offeror and the target party have not terminated the tender offer agreement, which remains valid. Although the delay in the tender offer start has raised concerns among shareholders and stakeholders, the offeror will strive to obtain early clearance following the official regulatory process. Should any significant disclosures arise, they will be promptly announced.
