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Leonardo to Acquire 25.1% Stake in Hensoldt

Arun Sivasankaran - : Apr 26, 2021 - : 1:25 am

Leonardo will buy a 25.1% stake in Hensoldt from a KKR-controlled investment vehicle for 606 million euros (US$733 million), the company announced on Saturday. The decision is expected to beef up the Italian aerospace company’s defense electronics business and help...

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