KKR mandates banks for defence supplier Hensoldt's IPO - sources
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FRANKFURT (Reuters) - Private equity firm KKR is advancing with preparations for a stock market flotation of German defence supplier Hensoldt in a deal potentially valuing the company at more than 2 billion euros ($2.2 billion), people close to the matter said. The buyout group is working with JP Morgan and Bank of America on potentially listing 20-30% of the company on the Frankfurt stock exchange, in a deal that could take place in the second quarter of 2020, they said.KKR and the banks..