KKR completes $1.3b tender offer for Japan's Hitachi Koki
KKR has completed the first of two tender offers it has in process for Japanese listed companies after shareholders in power tools manufacturer Hitachi Koki voted in favor of a JPY147.1 billion ($1.28 billion) buyout offer.
The GP said in a statement that the bid had won support from investors holding 89.79% of shares and stock acquisition rights in Hitachi Koki – comfortably exceeding the 66.7% threshold required for the...
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