New Business
Thursday, 7/2, 06:24 AM
Tank Maker KNDS Shelves Its IPO as Europe's Defense-Stock Boom Cools
- KNDS, the Franco-German maker of the Leopard 2 and Leclerc tanks, has postponed what would have been one of Europe's biggest listings of the year, citing market conditions — a sign that investors' three-year rush into defense stocks is finally cooling.