PEHUB -- Tyco International Ltd. will pay $300 million for a 75% stake in valve maker KEF Holdings Inc., Reuters reported. Based in the United Arab Emirates, KEF Holdings sells valves for the oil and gas sector. As part of the deal, Dubai International Capital LLC, the private equity investment arm of Dubai Holding, will sell its 45% stake in the company for $178 million. It acquired the stake in 2008 for $126 million, Reuters said.
