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 ...

In Tuesday trading, Thyssenkrupp shares were down 1.2% as of 09:22 GMT. Work is already underway to spin off Thyssenkrupp Marine Systems, with a Frankfurt listing targeted by the end of 2025.

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 ...

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

The collaboration between Thyssenkrupp Marine Systems and Fincantieri brings together their extensive expertise and technologies to deliver the most efficient and competitive solution for the U212 ...

ThyssenKrupp Materials Services is one of the world’s biggest mill-independent materials distribution and service providers, employing about 16,000 people, its website shows. The unit’s annual revenue ...

thyssenkrupp Marine Systems' F127 frigate is based on the proven MEKO A-400 design, which has been established for more than 20 years and used in several different frigate classes built at yards ...

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 ...

ThyssenKrupp, whose products range from steel to submarines, recorded a loss of €1.5 billion ($1.6 billion) for the 2023-24 financial year, having lost some €2 billion the previous year.