Rheinmetall AG said Monday that it is aiming to have KSPG AG, the parent company of Rheinmetall's Automotive division, listed in the Prime Standard segment of the Frankfurt Stock Exchange.
Rheinmetall said the IPO should be completed in the first half of 2012, depending on the capital markets environment. The plan is to only place shares currently held by Rheinmetall in the IPO.
Rheinmetall will initially remain majority shareholder in KSPG following the IPO, but plans to give up control in steps.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.