The private equity firm is in advanced talks to sell a portion of its 40% Weststar holding to the company
KUALA LUMPUR: KKR & Co is nearing a deal to exit part of its stake in Weststar Aviation Services Sdn Bhd, South-East 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, Malaysian businessman Syed Azman Syed Ibrahim, according to the people.
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