KKR said to be exploring 'full or partial' sale of Hitachi Kokusai

Private equity firm KKR & Co Inc is exploring the “full or partial” sale of its Hitachi Kokusai chip equipment unit and has attracted the interest of two Chinese buyers, the Financial Times reported on Sunday, citing people familiar with the situation.

The sources did not reveal the names of the potential Chinese buyers but said that one was a large industrial company and the other a state-backed fund. The report did not estimate a value for the deal but said KKR would be selling at a profit.

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