UPDATE 1-KKR strikes deal to restructure German car repair chain ATU


* KKR shareholding will drop to about 3 pct * ATU receives 100 million euros in fresh equity * Debt decreased by 80 pct to 150 million euros FRANKFURT, Dec 5 (Reuters) - Private equity group KKR has struck a deal to restructure the debt of loss-making German car repair chain Auto-Teile Unger (ATU), drawing a line under an ill-fated investment. The companies have agreed on a debt-for-equity swap with ATU's main creditors, credit ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×