KKR had announced on April 26 plans to buy 48.33 per cent of Hitachi Kokusai at 2,503 yen per share through the tender offer as the first step in a $2.3 billion acquisition of the firm. But the stock has since risen above that level and closed at 2,894 yen on Wednesday.

KKR puts tender offer on hold for chipmaking equipment, video solution unit

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KKR puts tender offer on hold for chipmaking equipment, video solution unit