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12h ago

KKR to Divest Entire Stake in Kokusai Electric

May 19, 2026
AI Summary

KKR & Co., the largest shareholder of Kokusai Electric Corp., is selling its full 10.57% stake in the company. This decision follows a recovery driven by advancements in artificial intelligence.

KKR to Divest Entire Stake in Kokusai Electric
  • KKR & Co. is selling its entire 10.57% stake in Kokusai Electric Corp.
  • The sale is intended to capitalize on the investment made in the Japanese chip equipment manufacturer.
  • Kokusai Electric specializes in film deposition equipment and announced the sale plans in a statement.
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