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KNDS, the owner of the Leopard tank, plans a public offering (IPO).
Germany must secure its 50% stake in the company, said Kerner.
France already has a 50% stake because it shares ownership of KNDS.
Kerner asked Germany to buy more than 25% to ensure equality.
A 25% minority is not enough because it blocks key decisions.
The IPO will be worth 20 billion euros, according to the report.
The industrial sector fears the IPO might affect national security.
Kerner emphasized the need to keep joint strategic control.
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