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News 2026-10-14 15:42 UTC

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

News 2026-10-14 13:20 UTC

KNDS' family owners discuss stake sale to Germany, IPO off — Handelsblatt

BERLIN, Oct 14 (Reuters) — Families owning 50% in Franco-German tank maker KNDS aim to sell their stake to the German government and are no longer pursuing an initial public offering, German business daily Handelsblatt reported on Wednesday. A final decision is expected in the coming weeks while negotiations are still