IPO of Leopard tank maker KNDS must ensure German-French parity, IG Metall's Kerner says - Reuters
IPO of Leopard tank maker KNDS must ensure German-French parity, IG Metall's Kerner says Reuters
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Notable Quotes
"The IPO of Leopard tank maker KNDS must ensure German-French parity."
— Kerner , Executive
"Ownership parity was key 'to safeguard German technology and jobs' and that Berlin 'must not miss the right moment to do so'."
— Juergen Kerner , Executive
"'Even if France was prepared to reduce its stake to, for example, less than 40%, a blocking minority of 25% would not be sufficient.'"
— Juergen Kerner , Executive
"blocking minority would not be enough if France cut stake to below 40 from 50"
— Kerner , Executive
"ownership parity was key 'to safeguard German technology and jobs' and that Berlin 'must not miss the right moment to do so.'"
— Juergen Kerner , Executive
"Even if France was prepared to reduce its stake to, for example, less than 40%, a blocking minority of 25% would not be sufficient."
— Juergen Kerner , Executive
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<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxOZkVDa182MWczc09ReV9idDVXdU9zbjRvN3dUZHdjdFBJaFVZa0tXOUxkTVZ2cWNYMDR5eVVtRmlOVFRmXzhZRE80U2xkTEdfendOWHliTFllVElRSWs3TmFoREVwLXlaVVpBeXhicUY4U01pczh6Z1pHcG52RG8zMU9jOVNYdnZhc3EwM0dMbUJNZ0h1SWgyb2szYkNuS1BJRkVvQXhxd1Z1eno0TFRFWVhqSHlPeFBheFRjVjhsaUw?oc=5" target="_blank">IPO of Leopard tank maker KNDS must ensure German-French parity, IG Metall's Kerner says</a> <font color="#6f6f6f">Reuters</font>
Juergen Kerner, deputy head of Germany's IG Metall union, emphasizes the need for Germany to match France's holding in KNDS's planned €20 billion IPO to safeguard German technology and jobs.
Juergen Kerner, deputy head of Germany's IG Metall union, emphasizes the need for Germany to match France's holding in the planned €20 billion IPO of KNDS to safeguard German technology and jobs.
Juergen Kerner, deputy head of Germany's IG Metall union, warns that a blocking minority of 25% would not suffice if France reduces its stake below 40% in KNDS's planned IPO, potentially leading to Germany losing control over the company.
Juergen Kerner, deputy head of Germany's IG Metall union, urges Berlin to secure more than a 25% stake in KNDS's planned €20 billion IPO to ensure parity with France and protect domestic control over technology and jobs.
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