Japan's Orix to sell software business to KKR for over $2 billion - Nikkei

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FILE PHOTO: The logo of Orix Corp is pictured in Tokyo, Japan April 7, 2015. REUTERS/Toru Hanai
FILE PHOTO: The logo of Orix Corp is pictured in Tokyo, Japan April 7, 2015. REUTERS/Toru Hanai

TOKYO (Reuters) - Japanese financial services group Orix Corp has decided to sell software business Yayoi Co to U.S. private equity firm KKR & Co Inc for about 240 billion yen ($2.12 billion), the Nikkei business daily reported on Saturday.

Orix bought Yayoi for over 80 billion yen in 2014.

($1 = 113.3800 yen)

(Reporting by Makiko Yamazaki; Editing by Gareth Jones)

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