(Reuters) - U.S. private equity firm KKR & Co said it will initially pay about 165 billion yen ($1.67 billion) for Panasonic Corp's healthcare unit, in what could be the largest buyout deal in Asia year to date. As part of the deal, KKR will allocate a 20 percent share in Panasonic Healthcare to Panasonic by March, said KKR and Panasonic in a joint statement. The final cost of KKR's investment in Panasonic Healthcare will be worked out by then, said a person with direct knowledge of the deal. An official at Panasonic declined to comment on the final price. ...
via Health News Headlines - Yahoo! News http://news.yahoo.com/kkr-buy-panasonics-healthcare-unit-1-67-billion-110325214--sector.html
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