🟢 OHB is trading 4.4% up after announcing 25% MediaMobil stake acquisition

OHB is trading at €235.00, up 4.44%, extending gains after announcing plans to acquire a 25% stake in MediaMobil.

• On October 26, OHB said it would acquire the stake through a capital increase, expanding its satellite-communications capabilities.
• The companies have worked together since 2020.
• On October 27, Berenberg maintained its Buy rating and €358 price target.