Carlyle makes $248m takeover bid for Hitachi metals unit
The Carlyle Group has made a tender offer to acquire Tokyo Stock Exchange-listed Hitachi Metals Techno, a second-tier subsidiary of Japanese conglomerate Hitachi, for JPY29.3 billion ($248 million).
According to a release, Carlyle - which is offering to pay JPY1,600 a share - will make the investment via CK Holdings, an investment vehicle set up by Carlyle Japan Partners and Mitsubishi UFG Bank, which...
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