Simpson Thacher Represents KKR in Financing Related to Acquisition of Airbus Group’s Defense Electronics Unit for €1.1 Billion
04.12.16
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Simpson Thacher is representing KKR & Co. L.P. in connection with the financing related to its announced acquisition of Airbus Group’s defense electronics business for €1.1 billion. The transaction is expected to close in the first quarter of 2017.
Airbus Group’s defense electronics division includes approximately 4,000 employees worldwide, with annual revenues of around €1 billion. The business comprises military sensors, electronic warfare, avionics and optronics.
The Simpson Thacher team includes Shahpur Kabraji and Deborah El-Schaeddhaei (Credit); and David E. Vann, Tara Kelly and Alessia De Quincey (Antitrust).