DAIMLERCHRYSLER SELLS MTU TO KKR

DAIMLERCHRYSLER SELLS MTU TO KKR - After months of negotiations, DaimlerChrysler agreed to sell its MTU Aero Engines unit to private equity investors Kohlberg Kravis Roberts (KKR). KKR will take over the company for EUR1.4 billion (US$1.6 billion), according to industry sources, but neither side...

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