The German government had been set to purchase a 40% stake in KNDS, but the prerequisite stock market flotation has been postponed. Meanwhile, a German drone start-up has raised $1 billion in fresh funding.
KNDS: German-French tank manufacturer postpones IPO
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Wed 20:49 - Financial Times
KNDS postpones IPO after investors balk at €12bn-plus valuation
Thu 14:37 - DW All
KNDS: German-French tank manufacturer postpones IPO
Thu 14:37 - DW Top
KNDS: German-French tank manufacturer postpones IPO