TOKYO -- Hitachi is preparing to sell most of its stake in Hitachi Transport System for around 200 billion yen ($1.56 billion) to U.S. private equity firm Kohlberg Kravis Roberts, Nikkei has learned.
Business deals
Hitachi in talks to sell $1.56bn stake in Hitachi Transport to KKR
Deal would advance Japanese industrial group's efforts to focus on tech
US investment fund KKR will buy a stake in Hitachi Transport System for more than 600 billion yen as the company focuses on the IT business. (Source photos by AP and Hitachi Transport System)
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