Star Capital Weighs IPO of Defense Tech Firm Vincorion
Components for Puma infantry fighting vehicles at a Vincorion site.
Photographer: Marcus Brandt/picture alliance/Getty ImagesTakeaways by Bloomberg AI
Star Capital is considering an initial public offering of German defense technology firm Vincorion, people familiar with the matter said, as rising investor interest lifts the value in European aerospace and defense assets.
The private equity firm has held initial discussions with potential advisers about a listing, said the people, who asked not to be identified as the information isn’t public. A deal could value the defense tech firm at as much as €1 billion ($1.2 billion), the people said.