TOKYO -- Mitsubishi Heavy Industries is preparing to sell Tokyo-listed forklift unit Mitsubishi Logisnext, Nikkei learned Friday, as the group ramps up efforts to boost capital efficiency.
Both Mitsubishi Heavy and Logisnext have selected a financial adviser for the sale. Multiple investment funds have expressed an interest, and the companies are believed to be narrowing down which to grant exclusive negotiating rights.
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