Germany reaches deal to buy 40% of Europe’s biggest tank maker - Financial Times
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Germany has reached an agreement to acquire a 40% stake in KNDS, Europe's largest tank manufacturer, after months of negotiations. The deal paves the way for an initial public offering and reflects Berlin's commitment to strengthening its domestic defence sector.
Germany reaches deal to buy 40% of Europe’s biggest tank maker
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Germany reaches deal to buy 40% of Europe’s biggest tank maker
After months of wrangling over KNDS stake, Berlin’s agreement paves the way for an IPO
!A Leopard 2A6 tank fires its main gun, producing a large blast and cloud of dust during a demonstration.
*Germany is to buy a stake in the maker of the Leopard 2 tank to ‘safeguard the country’s interests’
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* Germany reaches deal to buy 40% of Europe’s biggest tank maker on x (opens in a new window) * Germany reaches deal to buy 40% of Europe’s biggest tank maker on facebook (opens in a new window) * Germany reaches deal to buy 40% of Europe’s biggest tank maker on linkedin (opens in a new window) * Germany reaches deal to buy 40% of Europe’s biggest tank maker on whatsapp (opens in a new window) *
Laura Pitel and Anne-Sylvaine Chassany in Berlin, Leila Abboud in Paris and Sylvia Pfeifer in London
Published5 hours ago
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