Stock exchange: KNDS is likely to consider another attempt at going public in September
The German-French tank builder could already go public in the second half of September, Bloomberg reports. The response of potential investors is decisive.
KNDS, a German-French tank manufacturer, is reportedly reviving plans for an initial public offering this year, having previously postponed them in July. The company, which produces the "Leopard 2" and "Leclerc" tanks, may go public as early as mid-September, according to Bloomberg. Meetings with investors are planned for the following week to discuss the company's progress.
The timing of the IPO will depend on investor feedback, with an early 2027 listing also a possibility. The French state and German owner families, who each hold 50% of KNDS, plan to sell 10% each in the IPO.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
