German govt would like KKR to float MTU eventually

Newswire

BERLIN, Nov 21 (Reuters) - Germany's economy ministry said on Friday it would like U.S. private equity firm Kohlberg Kravis Roberts & Co to eventually float shares in the German aero engine firm MTU it bought on Friday from DaimlerChrysler AG . "We expect, given the generous state support (that MTU has received in the past), KKR to maintain MTU as a whole and open the way for a later stock market listing of the firm," the ministry said in a statement.

The ministry, which has ...

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