Business / Corporate Dec 28, 2016
U.S. investment fund to buy Hitachi unit for over ¥150 billion
U.S. investment fund KKR & Co. is expected to buy Hitachi Ltd.'s power tool manufacturing subsidiary for more than ¥150 billion ($1.3 billion), sources said Wednesday. The global investment firm holds the priority negotiation rights over the acquisition of Hitachi Koki Co. and an agreement ...