Nidec says looking at other acquisition targets

Newswire

TOKYO, Oct 20 (Reuters) - Nidec Corp. , the world's largest maker of precision motors, said on Friday it was looking at other acquisition targets to boost revenues by 150 billion yen ($1.3 billion) by 2010.

The Japanese company earlier said it would acquire French auto parts maker Valeo's motors and actuators business by the end of December.

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