German government to take 40% stake in KNDS in planned strategic move Berlin agrees initial 40% investment in KNDS, with intent to reduce state holdings to 30% in two to …
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KNDS pushes ahead with planned IPO amid German stake uncertainty
by Leo Müllerby Leo MüllerKNDS IPO in Doubt as Berlin Divided Over Government Stake German ministries disagree on stake size and conditions, leaving the KNDS IPO schedule uncertain as the Amsterdam-based armoured vehicle maker …