Japan's Orix to sell software business to PE firm KKR for over $2b

Japan's Orix to sell software business to PE firm KKR for over $2b

FILE PHOTO: The logo of Orix Corp is pictured in Tokyo, Japan April 7, 2015. REUTERS/Toru Hanai

Japanese financial services group Orix Corp has decided to sell software business Yayoi Co to U.S. private equity firm KKR & Co Inc for about 240 billion yen ($2.12 billion), the Nikkei business daily reported on Saturday.