Apollo Global Management, Inc. (NYSE:APO) and Bain Capital, LP are among potential bidders for Fujitsu Limited (TSE:6702)'s controlling stake in Shinko Electric Industries Co., Ltd. (TSE:6967), according to people familiar with the matter. Dai Nippon Printing Co., Ltd. (TSE:7912), Japan Investment Corporation and KKR & Co. Inc. (NYSE:KKR) have also expressed interest in Fujitsu's 50% stake in Shinko Electric, said the people, who asked not to be identified as the information is private.

The stake is valued at around $2.7 billion based on the latest stock price of Shinko Electric.