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Paloma Rheem Holdings completed its tender offer for Fujitsu General, acquiring nearly 47% of voting shares. The deal is valued at approximately $2 billion market cap. Shares will officially change hands on June 5, 2025.
“The deal will enable 'more in-depth collaboration for sales of a wider range of [Fujitsu] products through [Rheem's] extensive sales channels for air conditioners and water heaters in North America'”homepros.news
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