The tank manufacturer KNDS is pushing for a decision from Berlin regarding a potential stake in the company ahead of its planned initial public offering (IPO).
The German family shareholders are eager to move forward with the listing, which is anticipated to value the Paris-backed group between €15 billion and €20 billion.
This development highlights the urgency for Berlin to clarify its position, as it could significantly impact the IPO process and the overall valuation of KNDS.