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Thyssenkrupp CFO: no dual track process for submarine unit divestment

ReutersFeb 13, 2025 8:41 AM

- Thyssenkrupp TKAG.DE is not running a dual track process for its warship division even though it has received significant interest from strategic suitors, the group's finance chief told journalists on Thursday.

Jens Schulte, after presenting first-quarter results, said the group was focused on spinning off a minority stake of the business, TKMS, as the main option.

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