Daikin Negotiating to Buy Goodman Global
Posted on Thu, Dec 09, 2010
Daikin Industries Ltd., Japan’s largest air-conditioner maker, is in talks to buy Goodman Global Inc. from buyout firm Hellman & 
Friedman LLC to expand in the U.S., a person familiar with the matter said.
Hellman & Friedman is negotiating a revised proposal after rejecting a bid of about 300 billion yen ($3.6 billion) from Daikin, said the person, who asked for anonymity because the details are private. Discussions could still fall apart, and an agreement may not come until 2011, the person said.
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