thyssenkrupp AG (TKA.DE)
- Simply Wall St.
With 61% ownership, thyssenkrupp AG (ETR:TKA) boasts of strong institutional backing
Key Insights Institutions' substantial holdings in thyssenkrupp implies that they have significant influence over the...
- Reuters
Thyssenkrupp considering Marine Systems deal with Carlyle
(Reuters) -Thyssenkrupp is considering selling a stake in its Marine Systems unit which builds naval ships and submarines to investment firm Carlyle, the German conglomerate said on Tuesday. "With the active involvement of Carlyle, we are now taking the necessary next step and starting the phase of an open-ended assessment of the relevant business activities," Executive Board member Volkmar Dinstuhl said in a statement. The Marine Systems unit has an enterprise value of between 1.2-1.6 billion euros ($1.3-1.7 billion), sources familiar with the matter said.
- Reuters
UPDATE 1-Thyssenkrupp evaluates Carlyle's bid for marine unit
Thyssenkrupp on Tuesday said it has entered a due diligence phase on the potential partial sale of its marine unit with investment firm Carlyle . "With the active involvement of Carlyle, we are now taking the necessary next step and starting the phase of an open-ended assessment of the relevant business activities," Thyssenkrupp's Executive Board member Volkmar Dinstuhl said in a statement. The sale to Carlyle is one of the several options that the firm is currently considering, he added.
