Rumors were confirmed, initially denied by Pioneer. Yesterday, it has decided to divest DJ equipment at PDJ Holdings Co., Ltd, the investment fund Kohlberg Kravis Roberts & Co. LP Pioneer will have 14.95% of the shares of the new holding company. The amount of the transaction amounts to about 550 million dollars and will be held on March 2, 2015.
In a press release, Pioneer suggests that its main objective is to focus all your attention and refer to vehicle electronics. Regarding the DJ division, in a revealing paragraph says: "was more appropriate to have a partner with the financial resources and know-how, able to share the same vision of business that Pioneer, in order to continue its growth."