KKR's tender offer for Hitachi Transport to be delayed beyond end-Sept

KKR's tender offer for Hitachi Transport to be delayed beyond end-Sept

Photo: Reuters

Japan’s Hitachi Transport System Ltd said on Thursday it had been informed by KKR & Co that the private equity firm’s tender offer for it would be delayed from the initially planned end-September start.

In a statement, Hitachi Ltd’s logistics arm cited KKR as saying it would now aim for a mid-November start pending regulatory approval and other processes.

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