Thursday 28 March 2024
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KKR takes steps to divest German coffee machine maker WMF

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MILAN – New York City-based private equity firm KKR is making moves to divest German coffee machine, tableware and cookware maker Wuerttembergische Metallwarenfabrik AG (WMF). The deal may value WMF as high as 1.8 billion euro ($2 billion), taking advantage of high equity prices, according to people familiar with the matter.

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