KKR said to sell Singapore's MMI Holdings, its oldest Asian investment, for $645m

KKR said to sell Singapore's MMI Holdings, its oldest Asian investment, for $645m

An MMI Holdings Ltd.'s facility stands in Singapore. Photographer: JONATHAN DRAKE/Bloomberg

KKR & Co. agreed to sell Singapore hard-drive component maker MMI Holdings Ltd. for about $645 million including debt, people with knowledge of the matter said, exiting the oldest Asian investment listed in its portfolio.

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