TOKYO -- Elevator maker Fujitec has been targeted for a 400 billion yen ($2.7 billion) buyout by Swedish investment group EQT, sources told Nikkei on Tuesday.
Investment group to revamp elevator maker rocked by activist shareholders

Fujitec's headquarters in Shiga, Japan. (Photo by Norika Taguchi)
TOKYO -- Elevator maker Fujitec has been targeted for a 400 billion yen ($2.7 billion) buyout by Swedish investment group EQT, sources told Nikkei on Tuesday.