Record defence IPO: Czech arms group CSG jumps as much as 32% in Amsterdam debut
AMSTERDAM, Jan 23, 2026, 11:41 CET Shares of Czech defence firm Czechoslovak Group (CSG) jumped as much as 32% on Friday in their Amsterdam debut, following a record-setting IPO. By 0812 GMT, the stock was up 20.9% at 30.235 euros, after opening at 25 euros per share. The offering valued the Prague-based company at 25 billion euros and raised up to 3.8 billion euros. https://www.reuters.com/business/aerospace-defense/czech-billionaires-csg-set-fetch-25-billion-euro-valuation-record-defence-ipo-2026-01-23/ As investors rush into European defence stocks, betting on sustained government spending amid the Ukraine conflict, a new float emerges. The Stoxx Europe Aerospace and Defence index jumped over 10% in January, building on a