KKR in new push for MMI IPO – report
KKR has reportedly revived plans to exit MMI International, the precision-engineering company it took private in 2007, through a Singapore IPO. The offering could generate $400-500 million, but it is unclear how much of its holding the private equity firm will attempt to sell.
Three people familiar with the transaction told Dow Jones Newswires that the IPO is expected to take place in the third quarter of 2012. It comes after KKR last year abandoned plans for a $1 billion offering...
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