(Reuters) – U.S. private-equity fund Kohlberg Kravis Roberts & Co is in final talks to buy media content provider Usen Corp’s (4842.OJ) recruitment services unit Intelligence Ltd, the Nikkei business daily reported.
The unit is priced about 32 billion yen ($350.1 million), the paper said without citing a source.
Intelligence Ltd, which became a wholly owned unit of Usen in 2008, was put up for sale to revive Usen’s financial health, the daily said.
The paper said private-equity fund Carlyle Group and domestic fund Advantage Partners LLP were also bidding for the unit.
KKR is one of the biggest private-equity firms in the world with investments in companies such as retailer Dollar General Corp (DG.N), hospital operator HCA and media company Nielsen. ($1=91.40 Yen) (Reporting by Aftab Ahmed in Bangalore; Editing by Don Sebastian)