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CSG, a Czech defence firm, raised €3.8B in Europe’s largest defence IPO, valuing it over €31.6B.
Czech defence firm CSG surged 32% in its Amsterdam IPO, raising 3.8 billion euros and reaching a market value of over 31.6 billion euros, making it the largest defence sector IPO ever.
The company, a top European producer of ammunition and supplier to Ukraine and NATO, plans to use the funds for acquisitions and pay dividends from 2027.
Its rapid growth follows increased defence spending across Europe, with NATO aiming for 5% GDP by 2035.
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CSG, una empresa de defensa checa, recaudó 3.800 millones de euros en la mayor OPI de defensa de Europa, valorándola en más de 31.600 millones de euros.