Nidec will sell its subsidiary Nidec Components to an affiliate of the Carlyle Group for a transaction amount of approximately 103 billion yen. This Tokyo-based subsidiary develops and produces components such as switches, fine potentiometers, and pressure sensors. The deal is expected to close on December 1. Nidec said it is evaluating the impact of this transaction on the company's performance.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.