Deal Roundup: KKR eyes Kokusai Electric stake sale after share price boom, Inflexion seals 5.5x return

KKR is reportedly planning to cut its stake in Japanese semiconductor maker Kokusai Electric after a surge in the company’s share price. Kokusai was trading at JPY3,795 per share towards the end of May, but has since boomed to JPY5,820 per share amid the growing appetite for AI applications. KKR plans to sell about half …