KKR to buy Hitachi Kokusai Electric for $2.3 billion |  | TOKYO (Reuters) - U.S. buyout firm KKR said on Wednesday it has agreed to buy Hitachi Ltd's electronic equipment unit for 257 billion yen ($2.3 billion) with investment fund Japan Industrial Partners Inc (JIP). | |  |  |  | McDonald's drops plan to sell shares in Japan unit |  | TOKYO (Reuters) - McDonald's Corp has put on hold plans to sell shares in its Japan unit, which recently returned to profit for the first time in three years after a series of food scandals shook consumer confidence in the chain. | |  | Shares in Saudi's Alawwal Bank and SABB surge after merger talks |  | DUBAI (Reuters) - Shares in Saudi Arabia's Alawwal Bank rose 9 percent in early trading on Wednesday after it agreed to start talks with Saudi British Bank (SABB) about a merger that could create the kingdom's third biggest bank with assets of nearly $80 billion. | |  |  |  | UGG brand owner Deckers explores sale |  | (Reuters) - Deckers Outdoor Corp said on Tuesday it was exploring strategic alternatives, including a sale of the company, a month after an activist investor urged the apparel and accessories maker to sell itself. | |  | |  |  | |  |  | Related Video | |  | |  | |  |  |  | Related News | |  | |  | |  |  |  |  |  | Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today |  | |  |  |  | Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today |  | |  | » » MORE NEWSLETTERS |  | |