KKR & Co. plans to take private the German space and technology company OHB SE alongside the founding family as competition in the satellite sector heats up, according to people familiar with the matter.
The US buyout firm is set to announce on Monday an offer for the 30% of freely traded shares of the Bremen-based company in a deal that would value it at about €1 billion ($1.1 billion) including debt, said the people, who asked not to be identified because discussions are private.
