UPDATE 1-KKR buys ATU for $1.75 bln, pushes back IPO

Newswire

(Adds detail on deal closure, expected ATU IPO date, comments from KKR and ATU) By Mathieu Robbins and Christiaan Hetzner LONDON/FRANKFURT, June 30 (Reuters) - U.S. private equity firm Kohlberg Kravis Roberts has bought German car part retailer Auto-Teile-Unger (ATU) for $1.75 billion, KKR said on Wednesday, after a plan to sell ATU shares in the stock market foundered. British private equity firm Doughty Hanson, the previous majority owner with 72 percent, agreed to sell its stake ...

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