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European defence IPO: KNDS lays out listing plans that could value it at up to €15bn

Euronews · Jun 24, 2026, 10:44 AM · Also reported by 4 other sources

Why this matters: an international story with cross-border implications worth tracking.

The Franco-German manufacturer behind the Leopard and Leclerc battle tanks, KNDS, has officially announced its plans for an IPO, listing shares in Paris and Frankfurt within weeks, capitalising on Europe's race to rebuild its military capacity.

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Defense News Tank maker KNDS plans stock market listing, Germany to buy 40% stake Investing.com Schroder European REIT plans wind-down as asset value drops Yahoo Finance SK Hynix plans $29 billion Nasdaq ADR listing in 2026 CNBC Defense giant KNDS plans IPO in Paris and Frankfurt

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