KNDS struggles to convince investors to back IPO at €12 billion-plus valuation, FT reports
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Franco-German defence group KNDS is struggling to convince investors to back its planned initial public offering at a valuation of over €12 billion, the Financial Times reported on Tuesday.Some investors have told KNDS in preliminary talks that they believe the company would be worth less than €12…
Franco-German defence group KNDS is struggling to convince investors to back its planned initial public offering at a valuation of over €12 billion, the Financial Times reported on Tuesday.
Some investors have told KNDS in preliminary talks that they believe the company would be worth less than €12 billion in the IPO planned for July, the report added.
