KKR seals second Japan tender offer with $4.5b Calsonic deal
Shareholders in automotive components manufacturer Calsonic Kansei Corporation have accepted a JPY498.3 billion ($4.5 billion) buyout offer from KKR as the GP completed its second tender offer for a Japanese company within a day of concluding the first.
KKR agreed to buy Nissan’s 41% holding in Calsonic last November and subsequently launched a bid for the entire business. Investors representing 95.21% of the existing common shares – Nissan among...
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