26/11/2018 | Press release
Ad-hoc: Rheinmetall AG confirms talks regarding a potential acquisition of a stake in KNDS leading to an indirect acquisition of KNDS' subsidiary Krauss-Maffei Wegmann GmbH & Co. KG
Rheinmetall AG confirms talks with Wegmann Unternehmens-Holding GmbH & Co. KG regarding the possible acquisition of Wegmann Unternehmens-Holding
GmbH & Co. KG's stake in KMW + Nexter Defense Systems N.V. ("KNDS"), and therefore an indirect acquisition of Krauss-Maffei Wegmann GmbH & Co. KG ("KMW"), or other forms of cooperation with KNDS and/or KMW. The Executive Board of Rheinmetall AG will analyze and review the possibility to successfully complete such transaction both from a legal and economic point of view; the possibility of such transaction depends on a variety of, inter alia, political, economic and regulatory factors. Depending on the outcome of such analysis, the Executive Board of Rheinmetall AG will decide about further actions.
The Management Board
Franz-Bernd Reich: +49 (0) 211 473 4718, firstname.lastname@example.org
Dirk Winkels: +49 (0) 211 473 4718, email@example.com