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European defence IPO: KNDS lays out listing plans that could value it at up to €15bn

European defence IPO: KNDS lays out listing plans that could value it at up to €15bn

24.06.2026 13:44 | Euronews Business

The Franco-German manufacturer behind the Leopard and Leclerc battle tanks, KNDS, has officially announced its plans for an IPO, listing shares in Paris and Frankfurt within weeks, capitalising on Europe's race to rebuild its military capacity.

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