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flag CSG, a Czech defence firm, raised €3.8B in Europe’s largest defence IPO, valuing it over €31.6B.

flag 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. flag 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. flag Its rapid growth follows increased defence spending across Europe, with NATO aiming for 5% GDP by 2035.

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