Streetbeat News

TKAMY

thyssenkrupp AG

https://www.thyssenkrupp.com

CEO

Martina Merz

Industry

Iron and Steel Mills and Ferroalloy Manufacturing

Open

3.50

Mkt cap

2.2B

Volume

750

High

3.50

P/E Ratio

-0.83

52-wk high

7.73

Low

3.50

Div yield

0.05

52-wk low

3.08

Carlyle Group has withdrawn its bid for Thyssenkrupp's defense unit due to indecision from the German government. This decision may impact Carlyle's investment strategy and Thyssenkrupp's future plans for the unit.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 4:08 pm

Thyssenkrupp AG (OTC:TKAMY) and The Carlyle Group Inc (NASDAQ:CG) are exploring a potential cooperation for the separation of Thyssenkrupp's marine business, Thyssenkrupp Marine Systems. This includes a possible partial sale to Carlyle, alongside other separation options. The process involves in-depth due diligence of the marine business. Discussions with the German government about state participation are also ongoing.

Portfolio Pulse from Lekha Gupta

March 19, 2024 | 4:42 pm

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