Germany's OHB announces voluntary takeover offer by KKR
BERLIN, Aug 7 (Reuters) - OHB OHBG.DE on Monday
announced a voluntary public tender offer by US investment
company KKR for all shares in the German space technology
company at an offer price of 44 euros ($48.34) per share.
OHB said its executive and supervisory boards supported the
offer and intended to recommend that shareholders accept it.
($1 = 0.9102 euros)
(Writing by Rachel More
Editing by Miranda Murray)
((rachel.more@thomsonreuters.com;))
Recent news on OHB SE
See all newsGermany's OHB plans €500 million capital injection as SpaceX IPO resets space valuations (updated)
OHB plans €500 mln rights issue, Fuchs family retains control
Brief: OHB To Raise Around EUR 500 Mln Via Subscription Rights Offering
Brief: OHB: Seven Space Start-Ups And Companies Sign MoUs With Industrial Consortium Surrounding Joint Venture KIRK
SpaceX IPO fever sparks hunt for proxy plays in Asia