KIEL, Germany (Reuters) -Thyssenkrupp plans to spin off 49% of its defence division TKMS to shareholders as part of a listing later in the year, a board member of the German conglomerate said on ...

Investing.com -- Thyssenkrupp (ETR: TKAG) shares soared nearly 9% Monday after the German conglomerate said it plans to transform itself into a holding company by separating its core divisions and ...

Thyssenkrupp AG plans to transform itself into a holding company with majority stakes in standalone business units, marking the end of its era as a fully integrated industrial conglomerate.

DUESSELDORF (Reuters) -Thyssenkrupp is planning to sell minority stakes in its automotive, materials trading and green technologies divisions in the coming years, it said on Monday, in the latest ...

Thyssenkrupp AG shares tumbled after the steel and engineering group reported a slump in earnings due to weak demand from automotive and industrial customers.

German naval conglomerate Thyssenkrupp and Italian shipbuilder Fincantieri have signed an Industrial Cooperation Agreement as part of a broader strategic partnership to provide the Philippine’s ...

Thyssenkrupp Weighs Exit Options of Materials Trading Unit ThyssenKrupp AG is exploring exit options for its materials trading unit that could be valued at as much as €2 billion ($2.2 billion) in a ...

thyssenkrupp Marine Systems and Ulstein Verft signed a Letter of Intent for joint efforts to deliver the next advanced frigates to the Royal Norwegian Navy. Credit: Ulstein ...

Thyssenkrupp shows strong fundamentals and restructuring progress, making it a long-term Buy. Consider short-term profit-taking after 1Q25's surge.

German industrial group thyssenkrupp is pressing ahead with plans to spin off its naval shipbuilding division, thyssenkrupp Marine Systems (TKMS), with an initial public offering (IPO) planned ...

ThyssenKrupp, the largest steel maker in Germany, said Monday that it would eliminate up to 11,000 jobs by 2030, a decision that comes as the country struggled to overcome economic weakness that ...

German steel giant ThyssenKrupp to slash 11,000 jobs 11/25/2024 Germany's largest steelmaker ThyssenKrupp has announced a plan to cut its current workforce by more than a third by the end of the ...