Shareholders of the Amsterdam-based company have decided the process to IPO will proceed "upon the return of more favorable market conditions," KNDS said.

KNDS's planned €15B IPO faces investor resistance over governance concerns, state ownership lock-ups, and a shrinking valuation from initial €20-23B

Shareholders of the Amsterdam-based company have decided the process to IPO will proceed "upon the return of more favorable market conditions," KNDS said.

French-German tank maker KNDS said it was delaying a planned a stock market flotation in Paris and Frankfurt due to unfavorable market conditions.

The company blamed the delay on unfavourable market conditions

“KNDS and its shareholders will continue to monitor the capital markets conditions closely and stand ready to resume the IPO process," the company said.

KNDS a annoncé le report de son introduction en bourse mercredi soir, mettant un terme à ce qui devait être l'une des plus importantes IPO de ces dernières années en Europe. Le…

Operativ will KNDS weitermachen wie bisher, auch ohne Börsengang. Dagegen bleibt der deutschen Politik die geplante Einflussnahme auf den Panzerbauer verwehrt.

“KNDS and its shareholders will continue to monitor the capital markets conditions closely and stand ready to resume the IPO process as soon as market conditions allow,” said the…

The German government had been set to purchase a 40% stake in KNDS, but the prerequisite stock market flotation has been postponed. Meanwhile, a German drone start-up has raised…