Leonardo acquires 25.1% stake in Hensoldt for €606M

Leonardo acquired a 25.1% stake in German defense sensor company Hensoldt from KKR for €606 million in April 2021, becoming the largest shareholder alongside KfW. The deal is pending regulatory approval and expected to close in H2 2021.

“The investment reflects [the company’s] long-held view on the importance of building cooperation across the European aerospace and defense industry.”leadersleague.com

• 1 source
• leadersleague.comLeonardo-Hensoldt: Strong signal - Leaders LeagueOct 22, 2021

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