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Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in ...

Simultaneously, Fujitsu Ltd., the parent company, announced plans to sell its own stake in the air-conditioning unit for approximately ¥92 billion. The funding for this acquisition will come from bank ...

(Bloomberg) -- A little-known Japanese maker of oven ranges and water heaters has offered to acquire Fujitsu General Ltd. for as much as ¥257 billion ($1.6 billion), becoming the latest suitor for ...