KKR scouts for cornerstone investors for MMI listing after precision-engineering firm completes $580m refinancing

KKR scouts for cornerstone investors for MMI listing after precision-engineering firm completes $580m refinancing

Visual from MMI website

US-based private equity firm KKR and Co has sounded out potential investors for a $300 million initial public offering (IPO) for its wholly-owned Singapore based precision-engineering firm MMI International, an executive aware of the development said. This is KKR’s third attempt to take the company public.

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