KKR, Taeyoung to sell S Korea JV Ecorbit in over $2b deal

KKR, Taeyoung to sell S Korea JV Ecorbit in over $2b deal

REUTERS/Brendan McDermid

Global buyout firm KKR & Co and South Korea’s Taeyoung Group are planning to sell their joint venture Ecorbit in a deal that could value the environment company at more than $2 billion, two people with knowledge of the matter said.