Japan's Daikin to buy Austria's AHT Cooling for $885m

Japan's Daikin to buy Austria's AHT Cooling for $885m

The logos of Daikin Industries Ltd are seen at the company's office in Tokyo August 29, 2012. REUTERS/Toru Hanai/File Photo

Japan’s Daikin Industries Ltd said on Monday it plans to buy Austria-based AHT Cooling Systems for slightly more than 100 billion yen ($885 million), confirming a report in the Nikkei business daily.

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