Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in ...

for as much as ¥257 billion ($1.6 billion), becoming the latest suitor for Fujitsu Ltd.’s air-conditioner unit. Paloma Rheem Holdings is offering to pay Fujitsu General stockholders ¥2,808 a ...