KKR eyes $2.7bn IPO for Kokusai Electric

KKR eyes $2.7bn IPO for Kokusai Electric

KKR Group plans to list Kokusai Electric Corp.’s shares in Tokyo as early as October at a valuation north of ¥400bn ($2.7bn), a person familiar with the matter said. KKR will float a portion of the shares it owns in the former Hitachi Ltd. operations on the Tokyo...