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Business·25/6/2026ملخص الذكاء الاصطناعي
KNDS, maker of Leopard and Leclerc tanks, details IPO plans for dual listing in Paris and Frankfurt
European military equipment producer KNDS, maker of Leopard and Leclerc tanks, has detailed plans for a dual IPO in Paris and Frankfurt, potentially valuing the company at €12bn-€15bn. The listing, expected in mid-July, follows Germany's acquisition of a 40% stake and comes amid surging European defence budgets, adding pressure on competitor Rheinmetall.
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