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Airbus completes divestment of its Defence Electronics unit to KKR

Amsterdam, Holland - Finalised the sale of its business in Germany; waiting for the approval by Paris for the French side

Airbus has finalised the sale of its Germany-based Defence Electronics business to KKR, a leading global investment firm, following the receipt of regulatory and other approvals, including from the German government. The France-based portion of the business will be transferred to KKR once the carve-out of the French entity in Elancourt, near Paris, is completed. The closing of this part of the transaction...

fra/pec - 1202572

AVIONEWS - World Aeronautical Press Agency
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