Previous Close | 100.53 |
Open | 99.48 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 99.46 - 99.97 |
52 Week Range | 80.04 - 130.23 |
Volume | |
Avg. Volume | 62,498 |
Market Cap | 48.14B |
Beta (5Y Monthly) | 1.01 |
PE Ratio (TTM) | 10.61 |
EPS (TTM) | 9.38 |
Earnings Date | N/A |
Forward Dividend & Yield | 2.11 (2.10%) |
Ex-Dividend Date | Sep 28, 2021 |
1y Target Est | 131.67 |
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KKR & Co Inc will launch a tender offer for Hitachi Ltd's logistics arm, the companies said on Thursday, a $5.2 billion deal that marks the private equity firm's latest acquisition from the Japanese conglomerate. Private equity has been targeting Japan, the world's third-largest economy, where conglomerates have been hiving off non-core assets. Hitachi has been among the most aggressive, shedding lower-growth group companies over the last decade to focus on digital technology and services.
(Bloomberg) -- KKR & Co. unveiled a tender offer to take Hitachi Transport System Ltd. private in a deal valued at about 670 billion yen ($5.2 billion).Most Read from BloombergFour European Gas Buyers Made Ruble Payments to RussiaA Powerful Dynasty Bankrupted Sri Lanka in Just 30 MonthsAmazon’s Twitch Seeks to Revamp Creator Pay With Focus on ProfitRussia to Cut Gas to Poland, Bulgaria Until Pay Demands MetRussia to Cut Gas to Poland and Bulgaria, Making Energy a WeaponKKR is offering 8,913 yen
Private equity firm KKR will acquire Japan's Hitachi Transport System Ltd via a tender offer, the companies said on Thursday, a deal that will see Hitachi Ltd take a 10% stake in the acquiring fund. KKR will launch its tender offer at 8,913 yen a share, representing a premium to the company's closing price of 8,540 yen on Thursday.