Apollo, Bain, possible bidders for Fujitsu's $2.7 billion stake in Shinko - Bloomberg News

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Apollo, Bain, possible bidders for Fujitsu's $2.7 billion stake in Shinko - Bloomberg News
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Fujitsu Ltd's controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday.Dai Nippon Printing Co, Japan Investment Corp and KKR & Co have also expressed interest in the stake, the r

Fujitsu Ltd's controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday.

Fujitsu's stake is valued at around $2.7 billion based on the latest stock price of Shinko, Bloomberg reported. In an earlier update, the news agency had pegged it at $2.4 billion.

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