Aug. 26 at 8:46 PM
KNDS NV is preparing to resume investor meetings for a potential IPO as early as the second half of September, Bloomberg reported, after market volatility in European defense stocks forced the Franco-German tank maker to postpone its listing plans earlier this summer.
KNDS, one of Europe’s largest privately held defense companies, announced its IPO plans in late June but delayed the offering as defense shares declined. The sector has since recovered, creating a potential window for the company to relaunch the process.
The timing remains tentative and depends on investor demand, with early 2027 still an option. A key valuation factor is whether the German government awards a contract for additional Boxer armored vehicles, jointly produced by KNDS and Rheinmetall. KNDS said it is ready to restart the IPO process once market conditions are favorable.
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