K.N.D.S. Corporation's Upcoming Strategy and Valuation
Reports indicate that K.N.D.S., a defense company owned by families, has agreed to sell 40% of its shares to the German government. This move values the company at approximately $20.6 billion (15 to 18 billion euros). The company is preparing for an initial public offering on the Frankfurt and Paris stock exchanges, expected to take place before summer, as part of a plan to determine the company's valuation based on its stock price.
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