KKR to sell Korea-based KCF Technologies to SK Group affiliate for $1 billion
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid
- U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won . KKR bought KCFT, which makes copper foils and flexible copper clad laminates used in lithium-ion batteries for electric vehicle applications, from its Asian Fund III in 2017.
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