KKR to list Japanese chip equipment maker Kokusai Electric as early as June

KKR to list Japanese chip equipment maker Kokusai Electric as early as June

U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo’s biggest listing in more than three years.

While the size of the initial public offering was not immediately clear, one of the sources said Kokusai Electric would likely list with a market value of around 700 billion yen ($5.67 billion).

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