Report

Tankmaker KNDS reportedly headed for full state takeover

Handelsblatt reports KNDS's planned IPO failed and Germany and France would each own half of the Leopard tank maker.

2 Sources, 2h ago, first seen 2h ago

TLDR

Handelsblatt reports that a planned IPO for German-French tankmaker KNDS has failed and that the company is slated for a full state takeover. Germany and France would each own half of KNDS, which makes the Leopard tank.

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2 Sources, first seen 2h ago

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