Tankmaker KNDS Is Said to Pick Banks for IPO in Frankfurt, Paris

KNDS NV has selected banks for an initial public offering, people familiar with the matter said, as the Franco-German tankmaker rushes ahead with a listing to tap huge investor demand...

By Eyk Henning, Swetha Gopinath, Aaron Kirchfeld · Bloomberg Markets

KNDS NV has selected banks for an initial public offering, people familiar with the matter said, as the Franco-German tankmaker rushes ahead with a listing to tap huge investor demand for defense stocks.