Business
Defense Firm Postpones IPO
KNDS, a Dutch tank manufacturer, has postponed its Initial Public Offering (IPO) due to challenging market conditions in the defense sector. The decision was made by shareholders who believe better market conditions are needed for a successful listing.
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CNBC
Shareholders of the Amsterdam-based company have decided the process to IPO will proceed "upon the return of more favorable market conditions," KNDS said.
2026-07-02 06:03 UTC