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Deals - Asia Headlines

U.S. judge to issue decision on Hanjin sale of stake in terminal operator

SAN FRANCISCO The judge overseeing the U.S. bankruptcy case of Hanjin Shipping Co Ltd said on Friday he will likely announce on Wednesday whether he will approve the South Korean company's sale of its stake in a U.S. terminal operator after conferring with his South Korean counterpart.

KKR to buy Hitachi's power tools unit for $1.3 billion

TOKYO U.S. private equity firm KKR & Co LP said on Friday it has agreed to buy Hitachi Ltd's power tools unit, Hitachi Koki Co Ltd , for about $1.3 billion, its second billion-dollar deal in Japan in three months.

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