Qatar wealth fund to invest in KKR-owned Japan chip equipment maker

Petrodollar-fueled investor to take roughly 5% stake in Kokusai Electric

20230621N Doha

The Doha skyline: The Qatar Investment Authority has expanded the scope of its investments to finance, sports, tech and beyond. © Reuters

AKIRA YAMASHITA and SHUNTARO FUKUTOMI, Nikkei staff writers

LONDON/DUBAI -- Qatar's sovereign wealth fund will buy a stake in a Japanese semiconductor manufacturing equipment maker owned by U.S. private equity firm KKR, Nikkei has learned, marking a new move by the Middle Eastern investor.

The Qatar Investment Authority, which manages about $445 billion, will invest in Tokyo-based Kokusai Electric for a stake of around 5%. 

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