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Germany Said to Buy 50% of KNDS Tankmaker for About €6.5 Billion
Source: Bloomberg
M&A & RestructuringInfrastructure & DefenseIPOs & SPACs
Germany is expected to take over half of KNDS NV’s stakes for about €6.5 billion ($7.3 billion), according to people familiar with the matter. The move would reduce the likelihood of an initial public offering by the tankmaker.
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