CSG offers cash for KNDS stake; Ukraine coalition halves (ad-hoc-news.de)

• CSG made cash offer for KNDS stake; IPO and German government interest complicate.
• Ukraine munitions coalition shrinks from 18 to 9 countries, potentially slowing CSG's order intake.
• CSG stock down 3.4% weekly; Q1 revenue up 13.8%, order book €17 billion.

"Czech defence firm CSG has made a cash offer to the Bode-Wegmann family for a significant stake in KNDS, the Franco-German armoured vehicle maker. Meanwhile, the Czech-led Ukraine munitions coalition has shrunk from 18 to 9 countries. CSG stock fell 3.4% for the week, but analysts remain bullish with an average target of €32.45. CSG's Q1 revenue rose 13.8% to €1.544 billion, and its order book stands at €17 billion. The KNDS family prefers an IPO, and the German government may take a stake."