KUALA LUMPUR (Bloomberg): KKR & Co is nearing a deal to exit part of its stake in Weststar Aviation Services Sdn Bhd, Southeast Asia’s biggest provider of helicopters for the offshore energy industry, people with knowledge of the matter said.
The private equity firm is in advanced talks to sell a portion of its 40% Weststar holding to the company’s controlling shareholder, businessman Tan Sri Syed Azman Syed Ibrahim, according to the people.
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