KKR improves offer for Japan's Hitachi Kokusai a second time
KKR has increased its tender offer for Japanese high-tech manufacturer Hitachi Kokusai Electric for a second time, valuing the company at approximately JPY322 billion ($2.9 billion), up from JPY298 billion.
The GP has proposed to buy all outstanding shares in the company for JPY3,132 apiece, according to a filing. It initially bid JPY2,503 in April and then upped the offer to JPY2,900 in October. The proposed...
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