US EditionPrague-Based Ammunition Producer Listed on Amsterdam Stock Exchange
5 Articles
5 Articles
At stock exchange operator Euronext, the high-profile press releases were undoubtedly already ready, but the question was which of the two would be released first: the AEX, which…
The Amsterdam stock exchange will soon be expanded with one of the largest defense companies in Europe.
Defense company Czechoslovak Group (CSG) plans to list on the Amsterdam stock exchange in the coming weeks. The Prague-based arms manufacturer plans to sell €750 million worth of new shares on the Damrak. One shareholder also wants to sell existing shares. Insiders recently told Bloomberg news agency that the company expects to raise at least €3 billion with the listing.
Businessman Michal Strnad's CSG holding, which focuses mainly on the arms industry, wants to enter the Amsterdam stock exchange in the coming weeks. Through the company CSG B.V., it plans to issue shares for 750 million euros (roughly 18 billion crowns). The company will use the money for further development.
Prague/Amsterdam - The CSG holding company of businessman Michal Strnad, which focuses mainly on the arms industry, wants to enter the Amsterdam stock exchange in the coming weeks. Through the company CSG B.V., it plans to issue shares for 750 million euros (roughly 18 billion crowns). This follows from today's CSG press release, which is available to ČTK. The company will use the money for further development.
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