Fujitec says European fund EQT to launch offer for Japanese elevator maker

Japan's Fujitec 6406 said on Wednesday a European investment fund EQT EQT will launch a tender offer for the Japanese elevator maker at 5,700 yen per share.

The tender offer would amount to a total of 407.8 billion yen ($2.75 billion), Fujitec said.

($1 = 148.4400 yen)