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Panasonic Corporation will acquire the commercial air-conditioning business of Systemair AB, including shares in Systemair S.r.l, Tecnair S.p.A, and related entities, for an enterprise value of 100 million euros.
“Panasonic Corporation today announced that its Heating & Ventilation A/C Company intends to acquire the commercial air-conditioning business from Systemair AB at an enterprise value of 100 million Euros.”panasonic.com
Summarized from public sources; check the original articles before acting on it.