Indra to acquire an additional 26.33% stake in TESS Defence.

Synopsis

Indra, a technology and consulting company that offers solutions in information technology, defense, security, and transportation, agreed to acquire an additional 26.33% stake in TESS Defence, a military vehicles developer. Financial terms were not disclosed.

Principals

target

Tess Defence

bidder

Indra Sistemas

Show Details & Financials

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Market Context

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Bidder Team (2)

andres herranz

Managing Director, Head of Investment Banking Spain and Portugal at JP Morgan

Financial Advisor

bidder

Deals

£ 7.43 B

Total Value

josé vicente de los mozos

CEO at INDRA SISTEMAS SA

Manager

bidder

Deals

£ 756 M

Total Value

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