Noritsu Koki spends $325 million to buy DJ equipment maker AlphaTheta

Global private equity giant KKR is selling its stake in Japanese DJ equipment maker AlphaTheta (formerly known as Pioneer DJ) to photo processing machine manufacturer Noritsu Koki Co., according to Deal Street Asia. Noritsu said it will acquire all shares of AlphaTheta for 35 billion yen ($324.9 million), and will also use a 30 billion yen non-recourse loan to pay... Read More