On Thursday, February 27, Thyssenkrupp AG’s Supervisory Board announced it would sell its elevator segment to a private-equity consortium led by Advent International, Cinven, and RAG foundation for 17 ...

Earlier this week, thyssenkrupp completed the spinoff of its naval-defense business, TKMS, with shares starting public trading at €60, valuing TKMS at approximately US$4.44 billion and reaching as ...

The TKMS spin-off wasn’t a classic IPO as its shares weren’t publicly traded on capital markets but instead sold to previous shareholders. Linklaters has advised German industrial and steel giant ...

Submarine- and warship-maker TKMS, previously known as Thyssenkrupp Marine Systems, saw its share price jump from around 60 euros ($70) to close at over 80 in Frankfurt, giving the firm a valuation of ...

Thyssenkrupp is in intensive talks with Jindal Steel International over the Indian group's interest in its steel business, the German conglomerate's CEO said, calling it "good cooperation" but ...

Thyssenkrupp AG has received a takeover offer for its steel unit from India’s Jindal, opening a new chapter in the drawn-out search for a new owner of the struggling business. The manufacturer said ...

SUNLAND PARK — International materials distributor and manufacturing services provider Thyssenkrupp Materials is investing in a new facility in southern New Mexico, and the state is kicking in more ...

Competitive pressures and lack of skilled labor are helping to drive industry’s growing interest in generative AI, according to Siemens. As a case in point, the company points to the adoption of its ...

Thyssenkrupp (OTCPK:TYEKF) (OTCPK:TKAMY) +1.8% in Frankfurt trading Monday after announcing plans to eliminate or outsource ~11K jobs, or ~40%, from its workforce during the next decade, a move that ...

The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force. By Melissa Eddy ...

thyssenkrupp AG has burned through the better part of the proceeds from the sale of TK Elevator in a mere four years. thyssenkrupp Steel Europe AG still faces the same, if not greater, challenges ...

"If you want to protect the climate, there is no way around green hydrogen," ThyssenKrupp Nucera CEO Werner Ponikwar says. His company specializes in building high-efficiency alkaline water ...