German government in talks to buy 50% of KNDS, source says

​The ​German ‌government is in talks ​to acquire a ‌50% stake in Franco-German tank maker KNDS from the German ‌owner families, a ‌person familiar with the matter. Plans for a KNDS initial ⁠public ​offering ⁠have been put on hold for ⁠now, according to the ​person, who spoke on condition ⁠of anonymity because the discussions ⁠are ​private.

German business daily Handelsblatt first reported ⁠the news on Wednesday.