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New Deal


Announced

Porsche to acquire an additional 18.2% stake in MHP.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned82%
Capital Bid For18%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

IT service management

digitalization

Auto Technology

Germany

Minority

Private

Domestic

Pending

Friendly

Single Bidder

Synopsis

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Porsche, a sports-car manufacturer, agreed to acquire an additional 18.2% stake in MHP, a digitalization company. Financial terms were not disclosed. “With Strategy 2030, we have set ourselves ambitious goals. In order to achieve these, the transfer of shares to Porsche is a necessary step. We are driven by the aspiration to make technology a tool for change towards a better tomorrow. We want to play an even bigger role – as a company and as part of society,” Ralf Hofmann, MHP CEO.

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