Shares of OHB soar on KKR takeover offer

OHB SE

07/08/2023 09:06

** Shares in OHB  OHBG.DE  jump 33% after the German space
firm said U.S. financial investor KKR  KKR.N  was buying a
minority stake 
    ** OHB says KKR is planning a voluntary public tender offer
for all outstanding shares at a price of 44 euros, which values
the company at 768 mln euros ($843.96 mln)
    ** Stock hits a 2-1/2-year high and is set for the best day
in 22 years, if gains hold 
    ** OHB shares closed at 32.2 euros on Friday and rose to 43
euros in opening trade on Monday

    ($1 = 0.9100 euros)
    
    

 (Reporting by Bartosz Dabrowski in Gdansk)
 ((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))