France and Germany said on June 22 that they had agreed on the joint governance of arms maker KNDS, paving the way for a blockbuster share offering as they seek to bolster defence cooperation.

The German government says it intends to take a 40% stake in defense contractor KNDS, whose products include Leopard and Leclerc tanks, as it tries to strengthen European…

Der deutsch-französische Rüstungskonzern KNDS will an die Börse gehen. Wegen der Bedeutung des Konzerns wird Deutschland ebenso viele Anteile übernehmen wie Frankreich.