[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 3 days · First seen · Last updated

OHB SE replacement of Klöckner & Co in SDAX

Overview

The aerospace company OHB SE is replacing steel trader Klöckner & Co SE in the SDAX index. This change follows the acquisition of Klöckner & Co by the US-based firm Worthington Steel, which initiated a delisting offer of eleven euros per share.

OHB SE CEO Marco Fuchs described the inclusion as a milestone reflecting the company’s development and the increasing importance of the European space and defense sectors. The company recently completed a 484 million euro capital increase to expand manufacturing capacity and invest in launch vehicles. Following this capital increase, the Fuchs family maintains majority ownership with over 60% of shares, while the free float has risen to approximately 18%.

Entities

Worthington Steel · Stoxx · OHB · Klöckner & Co

Timeline

  1. about 1 month ago

    [BUSINESS] 4 sources
    OHB SE joins SDAX, replacing Klöckner & Co SE

    OHB SE has joined the SDAX index, replacing Klöckner & Co SE, which is being delisted following its acquisition by Worthington Steel.

  2. about 1 month ago

    [BUSINESS] 2 sources
    OHB to replace Klöckner & Co in the SDAX index

    OHB will replace Klöckner & Co in the SDAX index starting August 13, following Klöckner & Co's delisting after its acquisition by US firm Worthington Steel.

Sources

aktienkurs-orderbuch.finanznachrichten.de · backlinksseo.in · finanznachrichten.de · goingpublic.de · kapitalmarktexperten.de