Airbus Defence and Space has entered into an agreement to sell its 49% share in Atlas Elektronik Group to thyssenkrupp, based in Essen, Germany.
With this acquisition, thyssenkrupp, which to date has held a 51% share in the company, will become the sole owner of Atlas Elektronik.
The sale of its shares in Atlas Elektronik, a supplier of cutting-edge maritime technology, is part of Airbus Defence and Space's divestment programme, which will allow it to focus on its core business.[Full Story.]
Last updated: 13 January 2017