Announced
KfW to acquire a 25.1% stake in HENSOLDT from KKR for $562m.
Synopsis
KfW, a German investment fund, agreed to acquire a 25.1% stake in HENSOLDT, a German defence supplier, from KKR for $562m. Germany’s Cabinet decided in December to buy the stake in order to prevent “unfriendly powers” from getting hold of things such as sensors and encryption technology for military use.
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