KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion

Reuters

Published Jun 13, 2019 12:00AM ET

KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion

(Reuters) - U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won ($1 billion).