Germany, KNDS Family Owners Agree on Stake Sale Ahead of IPO

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Bloomberg Markets 5 days ago • bloomberg.com

Germany, KNDS Family Owners Agree on Stake Sale Ahead of IPO

Families that own half of tankmaker KNDS NV agreed to sell a 40% stake to the German government, according to people familiar with the matter, paving the way for one of Europe’s key defense companies to go public.

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