Thyssenkrupp targets warship division spin-off in 2025

FRANKFURT (Reuters) – Thyssenkrupp aims to “finalise” a planned spin-off of a minority stake in its warship division in the course of 2025, the group’s Chief Executive Miguel Lopez told analysts on Thursday following the presentation of first-quarter results.

His comments are the most specific indication of when the spin-off of Thyssenkrupp Marine Systems, which makes frigates and submarines, will go ahead.

(Reporting by Christoph Steitz; editing by Matthias Williams)

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