Czechoslovak Group Targets 25 Billion Euro Valuation in Record Defence Listing
Czechoslovak Group announced an IPO Tuesday with a 25 billion euro market cap. It is set to be the largest global defence listing by total funds raised.
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Czechoslovak Group , a prominent defence firm based in the Czech Republic 
CZ, officially announced its initial public offering prospectus on Tuesday, January 20, 2026. The company intends to offer up to 15.2 percent of its shares, targeting a market capitalisation of 25 billion euros. This move is positioned to become the largest global defence listing by funds raised, representing a significant milestone for the firm and the broader capital markets.
CZ, officially announced its initial public offering prospectus on Tuesday, January 20, 2026. The company intends to offer up to 15.2 percent of its shares, targeting a market capitalisation of 25 billion euros. This move is positioned to become the largest global defence listing by funds raised, representing a significant milestone for the firm and the broader capital markets.The offering is structured to include 30 million new shares alongside up to 122 million existing shares, which includes an over-allotment option. All shares in the offering are priced at 25 euros each. Trading is expected to commence this coming Friday on the stock exchange in Amsterdam, Netherlands 
NL. The announcement follows the company's stated intention to float shares in the Dutch capital, which was first communicated last week.
NL. The announcement follows the company's stated intention to float shares in the Dutch capital, which was first communicated last week.
