KKR to Buy Airbus Defense Electronics Unit for $1.2 Billion

  • Planemaker is reorganizing its military and space operations
  • Deal expands KKR's aviation reach after helicopter investment

Buyout firm KKR & Co. agreed to buy Airbus Group SE’s defense electronics business for 1.1 billion euros ($1.2 billion) as the European planemaker reorganizes its military and space operations.

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