KKR raises Hitachi Kokusai offer following pressure from hedge fund: Reuters

KKR & Co LP (KKR.N) has raised its offer price for Hitachi Kokusai Electric Inc (6756.T) to 2,900 yen a share from 2,503 yen, the Japanese firm said on Wednesday, after a U.S. hedge fund put pressure on the private equity firm to revise terms.

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