Business & Finance
OHB Shares Dip After German Satellite Firm’s €789 Million Re-IPO
Key Points
OHB Shares Dip After German Satellite Firm’s €789 Million Re-IPO Executives from German satellite firm OHB SE and KKR & Co. rang the opening bell at the Frankfurt Stock Exchange on Friday after they raised €789 million in a share sale to increase investors’ access to the space company. OHB’s shares fell much as 5% from Thursday’s closing price to trade as low as €296 apiece on Friday morning, below the offer price of €300 per share.
OHB Shares Dip After German Satellite Firm’s €789 Million Re-IPO
Executives from German satellite firm OHB SE and KKR & Co. rang the opening bell at the Frankfurt Stock Exchange on Friday after they raised €789 million in a share sale to increase investors’ access to the space company.
OHB’s shares fell much as 5% from Thursday’s closing price to trade as low as €296 apiece on Friday morning, below the offer price of €300 per share.