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.

Einem Medienbericht zufolge wird der deutsche Staat der Eigentümerfamilie 40 Prozent von KNDS abkaufen, für bis zu sieben Milliarden Euro. Noch in dieser Woche soll der Deal…

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…