Sandvik AB (SAND.ST)
13 Dec 2017
TOKYO U.S. buyout fund KKR & Co LP managed a successful tender offer for Japanese semiconductor equipment maker Hitachi Kokusai Electric Inc by a razor-thin margin, winning 24.9 percent of the company, statements from the companies showed on Saturday.
* Elliot had bought 8.59 pct stake in Hitachi Kokusai (Recasts with announcement, background)
Dec 8 KKR & Co LP has brought its tender offer for shares of Japan's chipmaking equipment Hitachi Kokusai Electric Inc to a successful end, the Nikkei reported on Friday, citing sources.
Buyout firm KKR & Co LP said on Friday it had agreed to buy industrial tool components manufacturer Hyperion from Sweden's Sandvik , its first acquisition of a relatively small manufacturing company.
* KKR to buy tool components manufacturer Hyperion from Sandvik
NEW YORK, Dec 8 KKR & Co LP has agreed to buy industrial tool components manufacturer Hyperion from Sandvik, a deal the U.S. buyout firm said marked its first acquisition in the mid-market industrials sector.
* SAYS SANDVIK HAS SIGNED AN AGREEMENT TO DIVEST HYPERION TO US LISTED INVESTMENT FIRM KKR AT A PRICE OF SEK 4 BILLION ($472.19 MILLION)
STOCKHOLM, Nov 21 Engineering group Sandvik said on Tuesday it first needed to restore profitability in its specialty steels unit (SMT) before deciding on the future of the business that has long been speculated to be headed for a listing or a sale.
Buyout firms Nordic Capital and KKR & Co are competing to acquire Hyperion, a U.S. manufacturer of metal cutting and drilling equipment owned by Swedish engineering company Sandvik AB , according to people familiar with the matter.
Nov 17 Buyout firms Nordic Capital and KKR & Co are competing to acquire Hyperion, a U.S. manufacturer of metal cutting and drilling equipment owned by Swedish engineering company Sandvik AB, according to people familiar with the matter.