Germany, KNDS Family Owners Agree on Stake Sale Ahead of IPO
2026-06-21 18:39:44
Families that own half of tankmaker KNDS NV agreed to sell a 40% stake to the German government, paving the way for one of Europe’s key defense companies to go public. In the deal, according to Bloomberg, the families agreed to the stake sale ahead of an initial public offering, people familiar with the matter said.
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