The share sale comprised more than 8.8 million Class C preferred shares representing 20 votes each, and ten million Class D shares representing one vote each according to a statement from Daiwa.
Goldman bought about 55 per cent of the debt-ridden company in 2005 and gradually upped its stake to 100 per cent over the next three years by parting with a total of about $570m.
Daiwa said it would use Fujita’s sophisticated technological and planning capabilities to help it open up overseas growth and expand its global portfolio.
Earlier this week Goldman’s private equity arm and venture firm New Enterprise Associates teamed up to invest $54m in Indian healthcare company Nova Medical.
Goldman parted with $40m under the terms of the deal, with NEA providing the remaining $14m through a follow-on investment.
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