KNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
Related Posts
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
Trump victory deals latest severe blow to a struggling Germany
Donald Trump’s election as U.S. President could be yet another major blow for the struggling German economy.
Japan’s bond market raises alarm over risks of outflows from U.S., carry trade unwind and market turmoil
Higher Japan government bond yields could spark a wave of capital repatriation with Japanese investors pulling funds from the U.S.
