Japan’s Daikin to Buy Competitor Goodman for $3.7 Billion

Japan’s Daikin to Buy Competitor Goodman for $3.7 Billion

Tetsuya Yamada/Bloomberg

Japan’s largest air-conditioner maker will announce the plan to acquire Houston-based Goodman from buyout firm Hellman & Friedman LLC as early as today, the Nikkei newspaper said, without citing anyone.