KNDS CEO Says IPO Still Possible This Year
Franco-German tank maker KNDS could proceed with an initial public offering this year if market conditions prove favorable. Chief Executive Jean-Paul Alary noted that while an early listing is preferred, avoiding the French election period next year is crucial.
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Franco-German tank maker KNDS could pursue an initial public offering this year, Chief Executive Officer Jean-Paul Alary told the Handelsblatt newspaper on Thursday morning. The move follows a delayed market listing originally slated for July. An early market debut remains the preferred path provided conditions meet shareholder expectations.
