Jan 11 (Reuters) - Canada's Onex Corp OCX.TO and its
affiliate Onex Group said on Sunday they sold KraussMaffei
Group, a German plastics processing machinery maker, to China
National Chemical Corp for a cash enterprise value of 925
million euros ($1.01 billion).
According to the deal, Onex Group will receive proceeds of
about 670 million euros, while Onex Corp will get 180 million
euros, including carried interest of 12 million euros.
Onex bought KraussMaffei from U.S. investor firm Madison
Capital in 2012 in a 568 million-euro deal, prevailing against
rival offers from several Asian companies.
($1 = 0.9147 euros)