Description
(AWP Alliance News) - Fujikura will sell its entire 60.8% stake in Nishi Nippon Electric Wire & Cable to AGSPC43, a special-purpose company funded by funds managed by or affiliated with Aspirant Group. The agreement signed on November 5, 2026, covers 11,545,430 shares, with completion planned for May 6, 2027. The sale forms part of an energy-business restructuring under way since 2020 to optimize the group's business portfolio.
Nishi Nippon Electric Wire & Cable will cease to be a consolidated subsidiary; its wholly owned unit, Nishiden Denso, will also leave the group.
https://docs.publicnow.com/D62A3E4CA8101AB916B55F7FC8A0C67DA86649EB
Disclaimer: This news brief was created using generative artificial intelligence. Fujikura Ltd. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.