KKR to invest in Hitachi Kokusai.

HKE, an entity owned by KKR investment funds, video security company, has agreed to invest in Hitachi Kokusai (excluding the 51.67% of its shares that are owned by Hitachi). The offer values at 26% stake of the company. "We are pleased with this result and are excited to begin our partnership with Hitachi and JIP to strengthen Hitachi Kokusai's business. We are confident that by leveraging KKR's global network, experience and resources, we will help Hitachi Kokusai achieve its growth goals and strengthen its position as a worldwide industry leader." Hiro Hirano, Member of KKR and CEO of KKR Japan.