ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Japan's Kuroda Electric now in MBK Partners' hands

Asian investment fund to rehabilitate LCD products trader

TOKYO -- Struggling electronics parts trader Kuroda Electric on Saturday announced that Asian investment fund MBK Partners is its new parent company, after a successful tender offer closed the day before.

Investors put up 25.7 million shares, or 68% of the Japanese company's outstanding common shares, exceeding the minimum 18.9 million shares targeted by MBK.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more