www.g4media.ro/germania-va-plati-66-miliarde-de-eu

The German government will invest €6.6 billion for a 50% stake in the Franco-German defense group KNDS, which produces Leopard 2 tanks. This acquisition aims to enhance Germany's influence over critical defense technologies. The price is lower than previously estimated for a smaller stake. The deal was revealed by Spiegel, citing a valuation of KNDS at €11.2 billion. Germany seeks to match France's influence within KNDS and avoid being outvoted on key decisions. Initially, Germany will acquire the stake from the families owning KNDS, with plans for both countries to later reduce their stakes to 40% each through a potential IPO.