Business
KKR Gets Rights for Talks to Take Yomeishu Private, Shares Jump
SOURCE:Bloomberg|BY:Taro Fuse
US investment firm KKR & Co. has received first negotiation rights to take Yomeishu Seizo Co. private, the Japanese company said, marking the latest move toward a buyout in the busiest year ever for corporate deals in the Asian nation. Yomeishu’s shares jumped 14% on the news.
US investment firm KKR & Co. has received first negotiation rights to take Yomeishu Seizo Co. private, the Japanese company said, marking the latest move toward a buyout in the busiest year ever for corporate deals in the Asian nation.