finance
Germany and KNDS Family Owners Negotiate Price for 40% Stake Ahead of IPO
Germany and the family owners of KNDS are negotiating the price of a 40% stake in the armaments company before its planned initial public offering. The discussions center on the valuation of the stake.
May 22, 1:41 PM·1m read1 source
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Germany and the family owners of KNDS are negotiating the price of a 40% stake in the armaments company before its planned initial public offering. The talks focus on the valuation of the stake. No agreement has been reached on the final price.
Background on the Deal KNDS is an armaments company preparing for an IPO.
The 40% stake is the subject of the current price discussions. The outcome of the talks will determine the terms of the IPO.
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