Longreach to buy majority stake in Japan's Fujitsu Component
The Longreach Group has agreed to acquire a majority stake in Fujitsu Component from its parent company and will launch a tender offer to buy the business outright at a valuation of JPY13.7 billion ($123.6 million).
This will be the second deal from the private equity firm’s third fund, which reached a third close earlier this year of more than $400 million and has an overall target of $650 million. The first investment...
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