KKR to own 85.05% of PDJ Holdings

Pioneer Corp. said Monday it completed a share repurchase agreement where KKR will own 85.05 percent of PDJ Holdings Co Ltd., the holding company for Pioneer DJ. Pioneer Corp. will have 14.95 percent. Financial terms weren't announced. Pioneer DJ, of Kawasaki, Japan, develops and markets equipment for DJs, including CD players, mixers, controllers, headphones and speakers.

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