Carlyle Group withdraws from Thyssenkrupp Marine Systems acquisition, disrupting restructuring plans.

Private equity firm Carlyle Group has withdrawn from acquiring a stake in Thyssenkrupp Marine Systems (TKMS), undermining Thyssenkrupp's restructuring efforts. The company plans to focus on spinning off its marine division, which specializes in submarines and naval vessels, while seeking industrial partnerships. Discussions with the German government about the future of TKMS are ongoing.

October 22, 2024
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