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OHB OHB SE News Story

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KKR-backed OHB taps banks for share sale, Bloomberg News reports

March 25 (Reuters) - German satellite maker OHB OHBG.DE is working on a share sale that would allow minority investor KKR KKR.N to reduce its stake, Bloomberg News reported on Wednesday.

The deal could value OHB at slightly above its market value, which was about 5.5 billion euros ($6.37 billion) as of last close, the report said, citing people familiar with the matter.

OHB and KKR did not immediately respond to Reuters' requests for comment. Reuters could not independently verify the report.

($1 = 0.8636 euros)

 (Reporting by Heera Hari in Bengaluru; Editing by Shilpi Majumdar)

 ((Heera.Hari@thomsonreuters.com;))

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