German space and technology company OHB SE signed, amongst others, contractual arrangements with leading global investment firm KKR and the Fuchs Family Foundation as the major shareholder of OHB.
Under these agreements, KKR intends to launch a voluntary public takeover offer for all outstanding shares of OHB at a price of €44 per share. KKR has separately committed vis-à-vis OHB to a capital increase of 10 percent to further support OHB’s growth strategy. OHB’s portfolio company Rocket Factory Augsburg will also separately receive €30 million under convertible bonds in order to ensure the development of the three-stage rocket “RFA ONE” through to a successful first flight, and thus, Europe’s independent access to space.
The takeover offer values OHB at approximately…
