ITOCHU to acquire DAIKEN.

Synopsis

ITOCHU, a company that offers domestic trading, import and export, and overseas trading, offered to acquire DAIKEN, an innovator and provider of advanced, high-quality air conditioning solutions. Financial terms were not disclosed.

Principals

target

Daiken Corporation

bidder

Itochu Corporation

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Market Context

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Seller Team (1)

masanori okuda

CEO at DAIKEN CORPORATION

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

masahiro okafuji

Chairman and CEO at ITOCHU CORPORATION

Manager

bidder

Deals

£ 10.44 B

Total Value

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