DMG Mori Seiki expects to gain over 50% stake in DMG Mori Seiki AG
DMG Mori Seiki Co., Ltd. [TYO:6141] expects to gain more than 50% stake in DMG Mori Seiki AG [ETR:GIL] in its ongoing takeover bid, the Nihon Keizai Shimbun reported.
DMG Mori Seiki President Masahiko Mori said in an interview in Tokyo with the Japanese language newspaper that it is likely that the company will gain at least a 50% stake in the German machinery maker, according to the report.
Nihon Keizai Shimbun