Reported 18 days ago
Thyssenkrupp has renegotiated the terms of approximately €10 billion in project guarantees for its warship division, TKMS, ahead of its upcoming spin-off set for October 20. The new conditions reflect a transition towards a stand-alone future for TKMS, aiming to enhance capital market access. This move is part of Thyssenkrupp's broader restructuring strategy, highlighting the importance of its defense assets.
Source: YAHOO