Germany Said to Buy 50% of KNDS Tankmaker for About €6.5 Billion
Germany will take over half of KNDS NV’s stakes for about €6.5 billion ($7.3 billion), reducing the likelihood of an initial public offering by the tankmaker, according to people familiar.
By Michael Nienaber and Eyk Henning · Bloomberg Markets
Germany will take over half of KNDS NV’s stakes for about €6.5 billion ($7.3 billion), reducing the likelihood of an initial public offering by the tankmaker, according to people familiar.