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    Home > Headlines > Thyssenkrupp targets TKMS listing in mid-October
    Headlines

    Thyssenkrupp targets TKMS listing in mid-October

    Published by Global Banking & Finance Review®

    Posted on August 8, 2025

    1 min read

    Last updated: January 22, 2026

    Thyssenkrupp targets TKMS listing in mid-October - Headlines news and analysis from Global Banking & Finance Review
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    Tags:sustainabilityCapital Marketsfinancial communityinvestmentcorporate governance

    Quick Summary

    Thyssenkrupp plans to list its defence division TKMS in mid-October 2025, pending BaFin approval and commercial register entry.

    Thyssenkrupp targets TKMS listing in mid-October

    FRANKFURT (Reuters) -Thyssenkrupp expects the spin-off and separate listing of its defence division TKMS to become effective in mid-October, board member Volkmar Dinstuhl told the group's extraordinary general meeting on Friday.

    Dinstuhl said the spin-off prospectus was expected to be approved by financial watchdog BaFin in early October, adding the TKMS spin-off would take effect upon entry on the commercial register of Thyssenkrupp.

    "We currently expect this to take place in mid-October 2025. This will be followed immediately by the stock market listing," he said.

    (Reporting by Tom Kaeckenhoff and Christoph SteitzEditing by Ludwig Burger)

    Key Takeaways

    • •Thyssenkrupp plans TKMS spin-off in mid-October 2025.
    • •BaFin approval expected in early October.
    • •Listing follows entry on commercial register.
    • •Volkmar Dinstuhl announced at general meeting.
    • •Immediate stock market listing post spin-off.

    Frequently Asked Questions about Thyssenkrupp targets TKMS listing in mid-October

    1When is the TKMS spin-off expected to take effect?

    The TKMS spin-off is expected to take effect in mid-October 2025.

    2What is the role of BaFin in the spin-off process?

    The financial watchdog BaFin is expected to approve the spin-off prospectus in early October.

    3What follows the TKMS spin-off?

    The stock market listing will immediately follow the TKMS spin-off.

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