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Hitachi Transport to issue preferred share to KKR, raise $975 million
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Hitachi Transport to issue preferred share to KKR, raise $975 million

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It will also issue a second class of preferred share for 10 billion yen to KKR as an indemnity claim.

Hitachi Transport is due to be delisted on Feb. 24 after the U.S. private equity firm’s successful tender offer for it.

($1 = 130.4600 yen)

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