The Kyoto-based company said Wednesday that it has agreed to buy the U.S. company's industrial, air-conditioning and home appliance motor business in an all-cash deal. Nidec declined to provide the ...

July 26 (Reuters) - Japan's Nidec Corp has emerged as the frontrunner to buy Emerson Electric Co's motors and drives unit in a deal estimated to be about $1 billion, according to two sources familiar ...

TOKYO/NEW YORK, (Reuters) - Nidec Corp <6594.OS> said Wednesday it will buy two of Emerson Electric's <EMR.N> motors businesses in a deal believed to be worth up to $820 million, adding to a surge in ...

TOKYO (Reuters) - Japan's Nidec Corp said it would buy U.S. Emerson Electric Co's (EMR.N) motors and electric power generation unit for $1.2 billion, seeking to expand its industrial and commercial ...

ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced that it has agreed to sell its Motors and Appliance Controls businesses to Nidec Corporation (Nidec). Over the past six months the ...

Japan’s Nidec, a motor manufacturer that supplies electronic appliance makers such as Apple, has agreed to buy Emerson Electric’s motors and electric power generation business for $1.2bn. This is the ...

KYOTO, Japan, Aug. 02, 2016 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire ...

ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced that it has agreed to sell its Leroy-Somer and Control Techniques business units to Nidec Corporation. The transaction is valued at $1.2 ...

Japan's Nidec Corp. reportedly is the frontrunner in bidding for Emerson Electric Co.'s motors and drives unit. Japan's Nidec Corp. reportedly is the frontrunner in bidding for Emerson Electric Co.'s ...

TOKYO, Aug 2 (Reuters) - Japan's Nidec Corp said it would buy Emerson Electric Co's motors and electric power generation unit for $1.2 billion, seeking to expand its industrial and commercial ...

Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. Nidec, the world’s biggest manufacturer of computer hard disc motors, said on Wednesday it would acquire ...