🟢 OHB is trading 4.22% up on October 27, after announcing 25% MediaMobil stake

OHB is trading at €234.50, up +4.22%, as shares extend gains following its October 26 announcement that it would acquire a 25% stake in MediaMobil.

• The investment, through a capital increase, expands OHB’s satellite-communications capabilities and formalizes a partnership dating to 2020.
• Shares rose 10.1% on October 26 following the announcement; no separate October 27 company announcement was identified, while broad-market context was mixed and provided no clear alternative explanation.