KKR to exit KCF Technologies

KKR said June 12 that it agreed to sell KCF Technologies to SKC, an affiliate of SK Group. The deal is valued at 1.19 trillion won ($1 billion). KCFT produces copper foils and flexible copper clad laminates mainly used in li-ion batteries for electric vehicle applications.

DealsNorth AmericaUSIndustrialsManufacturingBriefs