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 $1 billion in fresh funding.

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

Eigentlich beabsichtigt Deutschland beim anstehenden Börsengang von KNDS groß bei dem Rüstungskonzern KNDS einzusteigen. Doch nun gibt es offenbar Zweifel an der angestrebten…