Bain Capital and KKR & Co., two private equity firms, along with Nibe Industrier AB, a Swedish maker of heat pumps and air conditioners, are among the suitors selected for the next round of bidding for Fujitsu Ltd.‘s 42 percent stake in its air conditioner manufacturing unit, according to Bloomberg News.

Fujitsu, which made things from laptops to supercomputers to chips, mobile phones and home appliances, has recently focused on communications and information technology systems for businesses. The company is aiming for a quick sale of its entire stake in the air-conditioning maker as it drops non-core operations. Fujitsu is seeking binding offers for the Tokyo-listed unit by the end of March, and some of the suitors that have dropped out could team up with remaining bidders, as reported by Bloomberg.