Japan's Fujitsu (FJTSY.PK) will buy Siemens (SI) 50% stake in their PC joint venture for €450M...

|About: Fujitsu Ltd. ADR (FJTSY)|By:, SA News Editor

Japan's Fujitsu (FJTSY.PK) will buy Siemens (SI) 50% stake in their PC joint venture for €450M ($567M). Fujitsu wants to expand its presence in Europe, and Siemens is spinning off non-core businesses to focus on power, energy and health services.