Families that own half of tankmaker KNDS NV agreed to sell a 40% stake to the German government, according to people familiar with the matter, paving the way for one of Europe’s key defense companies to go public.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-21/germany-knds-family-owners-agree-on-stake-sale-ahead-of-ipo)