DaimlerChrysler AG reportedly will sell its MTU aircraft-engine unit to buyout firm Kohlberg Kravis Roberts & Co. (KKR) for about $1.72 billion (€1.45 billion). It is the latest in a series of divestitures of non-automotive assets for DC. The German auto maker already has sold a software unit to Deutsche Telekom AG and a train-making unit to Bombardier Inc. The MTU-KKR deal is expected to close by year-end.

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