Streetbeat News

TKAMY

thyssenkrupp AG

https://www.thyssenkrupp.com

CEO

Martina Merz

Industry

Iron and Steel Mills and Ferroalloy Manufacturing

Open

4.07

Mkt cap

2.5B

Volume

2.3K

High

4.09

P/E Ratio

-1.63

52-wk high

6.38

Low

4.05

Div yield

0.04

52-wk low

3.08

Thyssenkrupp's TKMS marine division has attracted interest from several companies for potential partnerships, following reports that German engine maker Deutz is interested in acquiring it.

Portfolio Pulse from

January 09, 2025 | 11:00 am

Thyssenkrupp is considering a spin-off for its marine division as the primary option for divesting its defense business. This follows reports of several suitors making offers for the unit.

Portfolio Pulse from

December 17, 2024 | 3:30 pm

Thyssenkrupp Nucera, a company involved in producing electrolysers for low-carbon hydrogen, is prepared to reallocate resources if U.S. policies under President-elect Donald Trump negatively impact the green hydrogen sector.

Portfolio Pulse from

December 17, 2024 | 11:45 am

The article maintains a positive outlook on thyssenKrupp, citing its strong balance sheet, ongoing restructuring, and strategic focus on specialized steel services and engineering as reasons for potential long-term growth despite short-term volatility.

Portfolio Pulse from

December 13, 2024 | 10:15 am

Thyssenkrupp has reported a $1 billion impairment on its steel division, indicating financial struggles within this unit.

Portfolio Pulse from

November 19, 2024 | 7:30 am

Carlyle Group has withdrawn its bid for Thyssenkrupp's defense unit due to indecision from the German government.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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