Goldman, KKR in talks with Chinese firm over Kion stake sale
Goldman Sachs and KKR are said to be in talks with Shandong Heavy Industry about selling a 25% stake in German forklift truck manufacturer Kion Group.
The deal is expected to be worth EUR700-800 million ($880 million to $1 billion) - implying an enterprise valuation of about EUR5.5 billion - which would make it the largest ever investment in Germany....
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