Fujikura to Sell 60.8% Stake in Nishi Nippon Electric Wire & Cable to Aspirant Group-Backed Buyer
Bitget2026/11/05 05:05- Fujikura will sell its entire 60.8% stake in Nishi Nippon Electric Wire & Cable to Aspirant Group-backed AGSPC43.
- The agreement was signed on November 5, 2026, with completion scheduled for May 6, 2027.
- The sale forms part of an energy-business restructuring begun in 2020 to optimize the group's portfolio and allocation of resources.
- Nishi Nippon Electric Wire & Cable will leave the consolidated group; its subsidiary Nishiden Denso will also cease to be a group subsidiary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
