Germany to Buy 40% of KNDS at Frankfurt IPO, Matching France's Stake

businessmergers-acquisitionsstocksworldeurope 3 posts · 2 accounts

Germany will acquire a 40% stake in defense group KNDS when it lists in a Frankfurt initial public offering, matching France's holding in the maker of the Leopard tank, according to a German official. The arrangement would give Berlin and Paris equal stakes in KNDS when the company goes public.

From the sources (3 posts)

@reuters

Germany will acquire a 40% stake in defense group KNDS when it lists for an IPO in Frankfurt, matching France's stake in the maker of the Leopard tank, a German official said

@reutersbiz

Germany will acquire a 40% stake in defense group KNDS when it lists for an IPO in Frankfurt, matching France's stake in the maker of the Leopard tank, a German official said

@reuters

From Breakingviews - Breakingviews - Paris-Berlin tank deal invents IPO nationalisation

Zyphra Seeks $500 Million Series B at $5 Billion-Plus Valuation, Forbes Reports Polymarket Partners Nasdaq Private Market for Private-Company IPO, Valuation Prediction Markets