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Nidec, KPS Said to Vie for Siemens's €3 Billion Innomotics Unit - Vimarsana News

Nidec, KPS Said to Vie for Siemens's €3 Billion Innomotics Unit

(Bloomberg) -- Japan’s Nidec Corp. and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which could fetch about €3 billion ($3.3 billion) in a sale, according to people familiar with the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Canceled This Many Shipments o

Source: yahoo.com
Japan's Nidec picks chief of automotive motor unit as new CEO, ET Auto - Vimarsana News

Japan's Nidec picks chief of automotive motor unit as new CEO, ET Auto

Nidec: With the appointment, the Kyoto-based maker of automotive components and precision motors seeks to bring to an end a long-running succession struggle as it faces heavy price competition in China's electric vehicle market.

Japan's Nidec taps Sony alum overseeing automotive motors as new CEO - Vimarsana News

Japan's Nidec taps Sony alum overseeing automotive motors as new CEO

KYOTO, Japan -- Japanese motor maker Nidec has tapped Executive Vice President Mitsuya Kishida as the new president and CEO effective April 1, choosing a…

Source: biztoc.com
 - Vimarsana News

KYOTO, Japan -- Japanese motor maker Nidec has tapped Executive Vice President Mitsuya Kishida as the new president and CEO effective April 1, ch

Source: nikkei.com
Japan's Nidec picks chief of automotive motor unit as new CEO - Vimarsana News

Japan's Nidec picks chief of automotive motor unit as new CEO

Japanese parts maker Nidec selected on Wednesday an automotive motor unit executive as its new president and CEO, putting him in line to eventually take over as chairman from the firm's...