Space
KKR-Backed OHB Taps Banks for Share Sale Amid Space Boom
A weather satellite inside the OHB SE facility in Bremen, Germany.
Photographer: Wolfram Schroll/BloombergOHB SE is working on a sale of shares in the German satellite maker, people familiar with the matter said, potentially allowing minority investor KKR & Co. to trim its stake.
Germany’s Fuchs family, which owns around 65% of OHB, and KKR are discussing a sale of new and existing shares equivalent to 20% of the Bremen-based company, according to the people, who asked not to be identified discussing confidential information.