Thyssenkrupp-Rheinmetall marine unit sale scrapped - Breaking The News
Download our appPlay StoreApp Store

Thyssenkrupp-Rheinmetall marine unit sale scrapped

EPA-EFE/FOCKE STRANGMANN

ThyssenKrupp AG canceled the potential sale of its marine division Thyssen-Krupp Marine Systems (TKMS) to Rheinmetall AG, Handelsblatt reported on Friday, citing sources familiar with the matter.

According to the report, ThyssenKrupp CEO Miguel Lopez informed Rheinmetall his company decided to abandon the deal. The report also noted ThyssenKrupp hopes to find a "solution" for TKMS by late summer.

Among possible reasons for the deal falling through are cost issues, government intervention requested by Rheinmetall and "personal differences."

Related Stocks
ThyssenKrupp
Rheinmetall
Related News
UniCredit secures ECB approval for 29.9% Commerzbank stake
UniCredit S.p.A. announced on Friday that it has received European Central Bank (ECB) approval to increase its stake in Commerzbank to 29.9%. The authorization allows UniCredit to move closer to acquiring a direct stake, though converting its current 18.5% derivative-held shares requires further approvals, including from Germany's Federal Cartel Office.While the decision highlights UniCredit’s financial strength, the bank noted that antitrust...
Renault chairman: Honda offer for Nissan didn't suit us
Renault S.A. Chairman Jean-Dominique Senard disclosed on Monday that the company has no issue with Nissan Motor Co. forming partnerships that benefit both automakers.Speaking to France’s BFM TV, he clarified that while Renault remains open to suitable collaborations, Honda Motor Co.’s recent offer for Nissan did not align with its strategic interests. Talks to merge Honda and Nissan collapsed earlier this month, but Nissan CEO Makoto Uchida is reportedly...
ServiceNow to buy Moveworks for $2.9B
Cloud services company ServiceNow Inc. announced on Monday that it is buying artificial intelligence firm Moveworks for $2.9 billion in a combination of cash and stock. "The acquisition will combine ServiceNow’s agentic AI and automation strengths with Moveworks’ front‑end AI assistant and enterprise search technology to unlock new experiences for every employee for every corner of the business," ServiceNow said.The transaction is expected to be...
Rocket Companies to acquire Redfin for $1.75B
Fintech platform Rocket Companies announced on Monday that it agreed to acquire digital real estate brokerage Redfin in an all-stock transaction for $1.75 billion of equity value, or $12.50 per Redfin share. The transaction is expected to be closed in the second or third quarter of 2025.The American fintech firm stated it expects the acquisition of Redfin to introduce more consumers to Rocket Companies and boost its mortgage growth. The company also noted that...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.