thyssenkrupp AG (TKA.SG)
| Previous close | 4.1220 |
| Open | 4.1610 |
| Bid | 4.1200 x 200000 |
| Ask | 4.1480 x 200000 |
| Day's range | 4.1000 - 4.1700 |
| 52-week range | 4.0860 - 7.5160 |
| Volume | |
| Avg. volume | 36,179 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 14 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersCarlyle, KfW join forces in effort to buy Thyssenkrupp warship division, sources say
Private equity firm Carlyle and German development bank KfW are in talks to jointly buy most of Thyssenkrupp's submarine unit, three people familiar with the matter said, in the latest sign of how the Ukraine war is reshaping Europe's defence sector. The plan to join forces and take a majority stake in Thyssenkrupp Marine Systems (TKMS) reflects growing investor interest in defence assets as well as efforts by Berlin to keep control over what it considers to be key military technology. All three parties are holding talks about a deal that would hand Carlyle a majority stake in TKMS, while state-owned lender KfW would hold a blocking minority, the people said.
- Reuters
Thyssenkrupp Steel to put forward Duisburg green steel plan in August
Thyssenkrupp Steel Europe will put forward plans for a delayed green steel plant at Duisburg in August, its CEO said. The plans are meant to enable Thyssenkrupp to switch to direct reduction steelmaking, to gradually replace the fossil fuels based, conventional blast furnace route at its site. "We will put the first proposals on the table in August," Bernhard Osburg said at a Handelsblatt hydrogen conference.
- Reuters
Fincantieri recently pitched idea of TKMS tie-up to Berlin, Handelsblatt says
Fincantieri Chief Executive Pierroberto Folgiero recently pitched the idea of a tie-up with Thyssenkrupp's defense division, which is currently up for sale, to members of Germany's government, Handelsblatt reported. Fincantieri has for years been considered a potential partner in efforts by Thyssenkrupp to sell its Marine Systems (TKMS) division, which makes frigates and submarines, with Folgiero last year touting the benefits of a combination. Thyssenkrupp has been trying to find a buyer for the division and is currently in talks with private equity firm Carlyle and German state lender KfW about selling stakes in TKMS.
