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Deal rumored Dec 2023 · Japan Verified

Fujitsu seeks to restart stalled sale of AC business

Fujitsu aims to restart negotiations to sell its 44% stake in Fujitsu General, its air conditioning business. The stake is valued at approximately JPY104bn ($728m). Potential bidders have included KKR and Bain Capital, while Nibe previously withdrew interest.

“Fujitsu aims to restart stalled negotiations to sell its 44% stake in its air conditioning business Fujitsu General.”

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HVAC Sentiment: Neutral

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