tkMS with a new uncertain (?) future
Last week's public holiday with the christening of two submarines and the presence of two heads of government at the shipyard ended with a touch of melancholy for the Kiel-based submarine builder tkMS - thyssenkrupp Marine Systems. According to information published by Handelsblatt, the management is in talks with financial investors about possible shareholdings. This could point to a spin-off of tkMS. The Handelsblatt newspaper outlines the path to a spin-off from the Thyssen-Krupp Group with an IPO via the acquisition of a minority position by an investor. According to the Handelsblatt, candidates could be the European investors CVC and Triton as well as KKR and Carlyle from the USA. The...
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