Deals

Czech Defense Firm CSG Plans IPO Launch as Soon as Next Week

A Pandur armored vehicle

Photographer: Milan Jaros/Bloomberg

Armored vehicle and munitions maker Czechoslovak Group AS is planning to launch an initial public offering in Amsterdam as soon as next week, according to people familiar with the matter.

The defense company, which is a key supplier to Ukraine’s army, and its controlling shareholder could look to raise €3 billion to €4 billion ($4.7 billion) in the offering, the people said, asking not to be identified as the information is private.