Announced
Financials
Sources
Tags
Friendly
Private
Pending
Acquisition
Minority
Domestic
Single Bidder
supply sensors
Electronic Equipment: Other
Germany
Private Equity
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.