Air Transport World

MTU up for sale.(DaimlerChrysler negotiates sale of MTU Aero Engines to Kohlberg Kravis Roberts & Co.)(Brief Article)

DaimlerChrysler is negotiating divestment of its profitable MTU Aero Engines subsidiary to New York takeover firm Kohlberg Kravis Roberts & Co. in order to concentrate resources on its core automotive business. Parties to the impending deal were not commenting directly, but informed German industry sources estimate the value of the transaction at 1. …

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