Isuzu Motors Ltd (7202.T)
1 Dec 2016
TOKYO U.S. buyout firm KKR & Co is buying Nissan Motor-backed auto parts maker Calsonic Kansei Corp for up to 498.3 billion yen ($4.5 billion) in its biggest deal in Japan, seizing on a rare chance there to do a multi-billion dollar purchase.
* Calsonic relies on Nissan for 80 pct of sales (Adds KKR executive's comments, details of its previous deals in Japan)
* Isuzu Motors' group operating profit likely fell 20 percent on the year to about 69 billion yen for the six months ended in September - Nikkei
* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" - R&I
TOKYO, Sept 9 Private equity firms KKR, Bain Capital and MBK Partners are set to submit second-rounds bids to buy Japanese auto parts maker Calsonic Kansei Corp , which has a market value of $2.4 billion, people with direct knowledge of the matter told Thomson Reuters LPC.
BRIEF-Isuzu Motors' group operating profit likely fell 20 pct on the year for April-June quarter - Nikkei
* Isuzu Motors' group operating profit likely fell 20 pct on the year to 38 billion yen for the April-June quarter - Nikkei