Reuters SG
The founders of Singaporean rubbish collector 800 Super Waste Management, backed by private equity firm KKR & Co, are nearing a deal to sell the business which could value it at around $300 million, two sources with knowledge of the matter told Reuters. The company, controlled by executive chairman Lee Koh Yong and his family, is working with at least one adviser on the sale and could close the deal as early as this month, the sources said, declining to be identified as the information is confidential. Final bidders for 800 Super include Australia's Macquarie Asset Management and KKR, which funded 800 Super's 2019 management-led buyout from the local bourse and owns a minority stake in the company, the sources said.