Reported 4 days ago
KKR, a U.S. private equity firm, and Japan's state-backed Japan Investment Corp (JIC) are acquiring medical equipment manufacturer Topcon for 348 billion yen ($2.31 billion). This marks JIC's first collaboration with a global private equity firm and reflects a growing trend of private equity deals in Japan amid corporate governance reforms and activist investor pressures. The offer represents a 5.4% premium over Topcon's current share price.
Source: YAHOO