BERLIN :Germany's OHB on Monday said U.S. financial investor KKR was buying a minority stake in the space company and it planned to delist from the stock market. KKR is planning a voluntary public tender offer for all outstanding shares at a price of 44 euros ($48.34), according to OHB. That offer values the
BERLIN :Germany's OHB on Monday said U.S. financial investor KKR was buying a minority stake in the space company and it planned to delist from the stock market.
The Fuchs family, which holds just under 70 per cent of OHB, will keep its shares and remain majority shareholders, with Marco Fuchs staying on as chief executive for a further five years. "We are delighted that with KKR as a minority investor, we have found the ideal partner to support our long-term growth and vision," said Fuchs.
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