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BRIEF-KKR raises bid price for unit Hitachi Kokusai, extends tender offer period
November 24, 2017 / 4:21 AM / 25 days ago

BRIEF-KKR raises bid price for unit Hitachi Kokusai, extends tender offer period

Nov 24 (Reuters) - Hitachi Ltd

* U.S. buyout fund KKR & Co LP has raised its offer price for unit Hitachi Kokusai Electric Inc to 3,132 yen a share from 2,900 yen, its second increase, according to a statement issued by Hitachi Kokusai

* KKR also extended the deadline for the tender offer to Dec. 8

Source text in Japanese:goo.gl/EP1jd4

Further company coverage: (Beijing Headline News)

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