TOKYO -- Hitachi has begun accepting bids for listed unit Hitachi Metals, Nikkei has learned, looking to unload what was once considered a core subsidiary as it nears the end of a major group realignment.
Big American investment funds including Bain Capital and KKR are reportedly considering offers. Hitachi, which owns roughly 53% of the unit, plans to narrow down the candidates within the month in preparation for choosing a buyer.
