Franco-German tank manufacturer KNDS said Friday it is continuing preparations for a potential initial public offering according to its original timeline, addressing recent media reports suggesting the company might postpone its listing plans.
CEO Jean-Paul Alary said in a statement that discussions with all relevant stakeholders are proceeding constructively.
The company said it would welcome potential participation from the federal government in its shareholder base, Alary added.
KNDS has not disclosed specific details about the timing or structure of the potential offering.
