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Japan

Nidec to sell Nidec Components to Carlyle for JPY 102.98 billion

On October 1, Nidec Corporation announced that its Board of Directors had approved the sale of all shares in its wholly owned subsidiary, Nidec Components Corporation, to TCG2603 Co., Ltd., a company indirectly owned by an investment fund associated with The Carlyle Group. The transfer price is JPY 102.98 billion. Th....

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