Investment fund EQT aims to acquire Japan's Fujitec for $2.6 billion, Nikkei says
Published by Global Banking & Finance Review®
Posted on July 29, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking & Finance Review®
Posted on July 29, 2025
1 min readLast updated: January 22, 2026
EQT plans to acquire Fujitec for $2.6 billion through a tender offer, with Oasis Management as a key shareholder.
TOKYO (Reuters) -European investment fund EQT has decided to acquire Japanese elevator maker Fujitec through a tender offer worth more than 400 billion yen ($2.6 billion), the Nikkei business daily reported on Tuesday.
Fujitec has been the target of activist investors, notably Hong Kong-based Oasis Management, which is currently its top shareholder with a stake of about 30%.
EQT's tender offer price is likely to be in the upper 5,000 yen range, compared with the closing price of 6,205 yen on Tuesday, the Nikkei said.
(Reporting by Satoshi SugiyamaEditing by Chang-Ran Kim)
EQT's tender offer for Fujitec is worth more than 400 billion yen, which is approximately $2.6 billion.
The top shareholder of Fujitec is Hong Kong-based Oasis Management, which holds about a 30% stake in the company.
The likely tender offer price for Fujitec's shares is expected to be in the upper 5,000 yen range.
Fujitec's closing stock price on Tuesday was 6,205 yen.
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