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Source: Daily Excelsior
Franco-German tank manufacturer KNDS remains set on its initial public offering (IPO) timeline, despite media speculation of potential delays. The company's CEO, Jean-Paul Alary, stated on Friday that constructive dialogue with all relevant stakeholders was still ongoing.
Alary emphasized that KNDS is prepared to move forward with its plans as intended and that they would welcome federal government participation in the shareholder base.
This assurance comes amid uncertainties raised by media reports about a possible postponement of the IPO, reinforcing KNDS's commitment to its schedule.
(With inputs from agencies.)
Source: Devdiscourse