26/11/2018

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.