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The Independenttechnology25 days ago
Germany Plans 40% Stake in KNDS to Match French Holding
The German government announced Monday it intends to acquire a 40% stake in KNDS. France already holds 50% of the company formed by the 2015 merger of Krauss-Maffei Wegmann and Nexter.
Substrate placeholder — needs reviewfinance96 days ago
IG Metall Official States KNDS IPO Must Ensure German-French Parity
Frank Kerner, deputy chairman of German union IG Metall, stated that the planned initial public offering of Franco-German defense firm KNDS must maintain parity between its German and French operations. KNDS, formed by the merger of Germany's Krauss-Maffei Wegmann and France's Ne…
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