Rheinmetall Confirms Talks on Possible Acquisition of KNDS Stake

Rheinmetall AG Confirms Talks Regarding A Potential Acquisition of A Stake In KNDS

(Source: Rheinmetall AG; issued Nov. 26, 2018)

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.

Rheinmetall Aktiengesellschaft
The Management Board

-ends-

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Rheinmetall Confirms Talks on Possible Acquisition of KNDS Stake Rheinmetall Confirms Talks on Possible Acquisition of KNDS Stake Reviewed by Unknown on 05:13:00 Rating: 5

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