KNDS CEO Seeks IPO as Soon as Market Conditions Allow
KNDS CEO Jean-Paul Alary stated that he prefers pursuing an initial public offering as soon as market conditions allow. He also welcomed the German government acquiring a stake in the Franco-German tank maker as an intermediate step toward a public listing.
Tank maker KNDS plans to pursue an initial public offering as soon as market conditions allow, according to Chief Executive Officer Jean-Paul Alary. The listing remains a central pillar of the company's long-term corporate strategy. Alary made the remarks during an interview with Reuters on Monday morning.
