Nissan Motor

Private equity firm KKR has acquired a majority stake in Hitachi Koki, including its power tools division, from Hitachi Ltd. The deal values KKR's stake at $1.3 billion.

UniCarriers Corporation completed the transfer of all issued shares of TCM Corporation from Hitachi Construction Machinery and all issued shares of Nissan Forklift from Nissan Motor, creating the world's fourth largest forklift company with sales of around USD 2 billion.

Private equity firm KKR & Co agreed to acquire auto parts maker Calsonic Kansei Corp from Nissan for approximately $4.5 billion. The deal represents KKR's largest ever investment in Japan.

KKR is buying Japanese auto parts maker Calsonic Kansei Corporation from Nissan Motor and other shareholders for ¥498.3 billion ($4.5 billion). The tender offer is expected to begin in late February 2017.