KKR & Co. (KKR) Tops Q1 EPS by 16c

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Go back to KKR & Co. (KKR) Tops Q1 EPS by 16c

KKR & Co. (KKR) Reports Tender Offer to Acquire Hitachi Kokusai Electric

April 26, 2017 5:56 AM EDT

Leading global investment firm KKR (NYSE: KKR), Hitachi Ltd., (Hitachi) and Japan Industrial Partners, Inc. (JIP) today announced that HKE Holdings G.K. (the Offeror), an entity owned by investment funds managed by KKR, intends to make a tender offer for the common shares of Hitachi Kokusai Electric Inc. (Hitachi Kokusai or the Company; TSE stock code 6756).

Hitachi Kokusai operates two business segments: a Video and Communication Solutions business engaged in video security, IoT high-reliability wireless, and railroad solutions, and a Thin-Film Process Solutions business focusing on semiconductor manufacturing equipment as well as systems maintenance and... More