Headlines
Thyssenkrupp CEO confident TKMS spinoff sticks to state security conditions
Published by Global Banking & Finance Review®
Posted on July 3, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 3, 2025
1 min readLast updated: January 23, 2026
Thyssenkrupp CEO Miguel Lopez is confident the TKMS spinoff will meet German security conditions, with the process expected to conclude by year-end.
BERLIN (Reuters) -Thyssenkrupp CEO Miguel Lopez is confident that the group can adhere to the German government's security conditions with the spinoff of its naval ship building division TKMS, he said in an interview with the RTL and ntv broadcasters on Thursday.
"We will be able to comply with the security conditions of the German state in terms of pure, factual and substantive form," Lopez told the broadcasters.
The German government is in talks with Thyssenkrupp over the spin-off, expected to take place by the end of the year. Handelsblatt reported on Wednesday that the government had backed away from taking a stake.
(Writing by Rachel MoreEditing by Madeline Chambers)
Thyssenkrupp plans to spin off its naval shipbuilding division, TKMS, and is in talks with the German government over this process.
CEO Miguel Lopez expressed confidence that the company can meet the German government's security conditions related to the spinoff.
The spinoff of TKMS is expected to take place by the end of the year.
Handelsblatt reported that the German government had backed away from taking certain actions regarding the spinoff.
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