Business deals
Bid comes after government urges MBK to drop purchase on security concerns
Japan-backed fund NSSK is preparing a takeover bid for machine tool maker Makino Milling Machine, after the government pressed a rival bidder to drop its own takeover effort.
MIKI HIASA and TAKASHI OKU
TOKYO — Nippon Sangyo Suishin Kiko (NSSK), a Japanese investment company, plans to make a takeover proposal to Japanese machine tool maker Makino Milling Machine, sources told Nikkei on Thursday.