Germany in Talks to Buy 50% Stake in KNDS
A French minister says talks are progressing over Germany buying a 50% stake in KNDS from its German owner families.
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UPDATE 1 — German government in talks to buy 50% of KNDS, source says
(Changes sourcing and adds German ministry statement) BERLIN, Oct 14 (Reuters) — The German government is in talks to acquire a 50% stake in Franco-German tank maker KNDS from its German owner families, a person close to the matter said, after conditions for an initial public offering deteriorated this year. Negotiatio