Nidec lays out recovery plan with unit sales and investments for AI

🇯🇵 The Japan Times (JP) —

AI Summary

Japanese motor manufacturer Nidec has announced a recovery plan under new leadership that includes selling business units and investing in AI. The plan is intended to help the company avoid delisting or a hostile takeover.

With the disclosure of a new business plan under fresh leadership, Nidec is hoping to stave off delisting or a hostile buyout.

Markets Deals AI & Tech Nidec recovery plan unit sales AI investment delisting risk hostile buyout

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