KKR, others in race for South Korean PE firm IMM's $1b stake in AirFirst

KKR, others in race for South Korean PE firm IMM's $1b stake in AirFirst

REUTERS/Brendan McDermid

South Korean’s IMM Private Equity has drawn interest from funds including KKR & Co, MBK Partners and Brookfield Asset Management for a minority stake in local industrial gas company AirFirst which it aims to sell for $1 billion, three people with knowledge of the deal said.