Market Chatter: European Defense Group KNDS 'Ready' for Frankfurt, Paris IPOs

05:44 AM EST, 12/17/2025 (MT Newswires) -- KNDS Chairman Tom Enders said the "time is right and the company is ready" for an initial public offering in Frankfurt and Paris by 2026, Bloomberg News reported Wednesday, citing a statement. The Amsterdam-based, French-German tankmaker added that the planned dual listing is subject to market conditions. The news agency earlier reported that a 20 billion-euro valuation is being pursued by the European defense company. KNDS did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)