Announced
Financials
Sources
Tags
Germany
Minority
Private Equity
space technology
Aerospace
Acquisition
Friendly
Tender Offer
Public
Pending
Single Bidder
Cross Border
Synopsis
KKR, a global investment firm, agreed to acquire a minority stake in OHB, a space and technology company, for €44 per share. “The global market for space solutions will continue to grow. We see great potential in Europe and are convinced that with additional investments in Research and Development OHB is ideally positioned to achieve long-term sustainable growth. KKR's capital will support OHB's future development. At the same time, the offer provides existing shareholders with the opportunity for immediate value realisation at an attractive premium. KKR is delighted to have the opportunity to support the Fuchs family,” Christian Ollig, KKR Partner and Head of the DACH region.
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