Germany to Buy 25% Hensoldt Stake From KKR, Reuters Reports

The German government will buy a 25.1% stake in defense supplier Hensoldt AG from KKR & Co.¬†for 464 million euros ($562 million), Reuters reported¬†Saturday, citing people familiar with the matter. The purchase is intended to prevent a foreign buyer from taking control of Hensoldt, according to the report. KKR retained a stake of more than […]