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Japan’s Daikin To Buy Austria’s AHT Cooling For $1bn, Eyes Africa’s Market

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Japan’s Daikin Industries said on Monday it would buy Austria-based AHT Cooling Systems for 881 million euros ($1 billion) as it seeks global growth outside the maturing air-conditioning business in the developed world. Daikin, the world’s largest maker of air-conditioning equipment, said it would buy all of unlisted AHT Cooling, a refrigerator maker for business […]

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