Japan’s Nidec and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which could fetch about €3 billion (¥483.6 billion) in a sale, according to people familiar with the matter.
Japan’s Nidec and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which could fetch about €3 billion (¥483.6 billion) in a sale, according to people familiar with the matter.