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Feb 28, 2017ACQUISITIONGermany

KKR completes acquisition of 74.9% stake in Airbus Defence Electronics

KKR & Co. L.P. completed the acquisition of a 74.9% stake in the defence electronics business from Airbus Defence and Space GmbH for €1.1 billion. The deal was announced on March 18, 2016, and closed on February 28, 2017. Airbus retains a 25.1% minority stake.

Value

$1.17B (1.10B EUR)

Status

Completed

Productsdefence electronics

CompaniesAirbus Defence and Space target KKR & Co. L.P. acquirer

Sectors#Aerospace Components #Semiconductors and Industrial Electronics

“KKR & Co. L.P. completed the acquisition of 74.9% stake in defence electronics business from Airbus Defence and Space GmbH on February 28, 2017.”marketscreener.com

1 source
marketscreener.comKKR & Co. L.P. completed the acquisition of 74.9% stake in defence electronics business from Airbus Defence and Space GmbH.S&P Capital IQFeb 27, 2017

Summarized from public sources; check the original articles before acting on it.

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