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Warburg Pincus Said to Hold Talks to Buy KNDS Stake From Family

Source: Bloomberg

M&A & RestructuringInfrastructure & DefensePrivate Markets & Venture

Warburg Pincus is in talks to potentially acquire a substantial stake in KNDS NV from the German family that co-owns the tankmaker. The prospective private-equity investment could materially reshape KNDS's ownership structure and underscores investor interest in defense assets, though deal terms, valuation, timing and certainty were not disclosed.

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