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UPDATE 2-Allianz sells vending machine operator Selecta to KKR

* Bought Selecta at height of buyout boom before crisis

* Selecta was last ACP private equity investment

* ACP now fully focused on infrastructure (Adds further details on deal, investments)

FRANKFURT, Oct 12 (Reuters) - Allianz Capital Partners (ACP) has sold its majority stake in vending machine operator Selecta to buyout group KKR, drawing a line under its own private equity business.

Allianz did not disclose a price for the Swiss-based group, but two people familiar with the deal said that it got only a small purchase price for the stake.

Selecta, which ACP bought in 2007 for 772 million pounds ($1.19 billion) backed by 690 million pounds of loans, marks the insurer's last direct private equity investment.

The company has refocused on infrastructure investments after...