Japan's Kokusai Electric to hold secondary offering; KKR to sell shares

Japan's Kokusai Electric to hold secondary offering; KKR to sell shares

FILE PHOTO: A sign of Kokusai Electric is pictured in Tokyo, Japan, September 7, 2023. REUTERS/Miho Uranaka/File Photo

Kokusai Electric said on Wednesday it would hold a secondary offering of up to 60.4 million shares, with investors including private equity firm to sell shares.