Speculation for me: Reverse IPO for KNDS through takeover of $R3NK (-9,37 %) .
Dramatic acceleration to go public and carry out capital increase. Extended capitalization.
Urgently needed expansion of production capacities and purchase of the drive and chassis division for Leopard 3 to keep Rheinmetall's KF51 at bay
3. proximity to the Augsburg - Munich site (KMW)
4. with the company name in Germany, extended access to funds from the special assets and tax advantages in Germany compared to KNDS N.V. Holding Netherlands.
KNDS already holds 25% of Renk. Renk is comparatively inexpensive.
Renk's share price should multiply if my speculation proves correct.