Swedish Fund EQT to Buy Japan's Fujitec
Otsu, Shiga Pref., July 30 (Jiji Press)--Swedish investment fund EQT AB said Wednesday that it will acquire major Japanese elevator maker Fujitec Co.
The fund plans to take Fujitec private through a tender offer to be launched in late January next year. The Japanese company has expressed its support for the tender offer. The fund will purchase Fujitec shares at 5,700 yen apiece for a total of some 407.8 billion yen.
(2025/07/30-19:28)
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