TKMS Drops Out of Race to Acquire GNYK
9 Articles
9 Articles
Despite current record orders, the manufacturer of submarines and overwater marine ships withdraws his bid for the neighbouring shipyard. The armaments company Rheinmetall had also submitted a – non-binding – bid for German Naval Yards.
Here you will find information on the topic ""Currently no need". Read now "TKMS withdraws offer for Kieler Werft".
The acquisition of the former sister shipyard makes no economic sense for the Thyssenkrupp subsidiary, explains TKMS CEO Burkhard in a conversation with Handelsblatt.
TKMS Drops Out of Race to Acquire GNYK
German warship builder TKMS said on Tuesday it is no longer interested in acquiring smaller shipyard German Naval Yards, also known as GNYK.That would make German defence group Rheinmetall the only bidder currently in the running to purchase the ship maker, which has about 350 staff.Handelsblatt fir
TKMS Puts Expansion on Hold as €8 Billion Indian Submarine Deal Nears Completion
TKMS is sending mixed signals to the market: walk away from one growth opportunity while racing to close another. The German warship builder’s decision to abandon its bid for a neighbouring Kiel yard has been rewarded with a share price bump, even as the company enters the final stretch of negotiations on what would be […] The post TKMS Puts Expansion on Hold as €8 Billion Indian Submarine Deal Nears Completion appeared first on NewsCase.
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