Thyssenkrupp Revives Sale of Submarine, Marine Systems Unit: FT
Models of military submarines at the Thyssenkrupp Marine Systems exhibit at the Berlin Security Conference in Berlin, Germany, on Wednesday, Nov. 30, 2022. Germany and Norway proposed a NATO center to strengthen the protection of underwater pipelines and cables, underscoring heightened concerns that such infrastructure could be a target for sabotage. Photographer: Krisztian Bocsi/Bloomberg
, Bloomberg
Sebastian Tong and Christoph Rauwald, Bloomberg News
(Bloomberg) -- Thyssenkrupp AG has revived plans to sell its submarine and maritime systems unit, the Financial Times reports, citing an internal email it has seen.
The bidding contest is expected to start later this month, the newspaper says, citing three people close to potential buyers. Private equity firms are among parties interested, according to the report.
A spokesman for Thyssenkrupp declined to comment on the report.
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