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German-French Tank Manufacturer KNDS Postpones IPO

KNDS, a German-French tank manufacturer, has postponed its planned stock market flotation, which was a prerequisite for the German government to purchase a 40% stake in the company. Separately, a German drone start-up secured $1 billion in new funding.

2 Jul, 14:47 — 2 Jul, 14:47
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First report: tagesschau · 2 Jul, 06:59Full coverage: 2 · 8hWindow: 8h
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