Financial Times Deutschland News

Shipbuilding Merger: Germany, France Reportedly Eye Deal?

Germany and France are considering merging their naval shipbuilding operations, according to a report from Reuthers which cited a German newspaper report, in a deal that would be one of the largest industrial partnerships in a decade. ThyssenKrupp , French naval shipyard DCNS and the two governments reportedly plan to hold talks soon, daily Financial Times Deutschland reported on Monday. (Source: Rueters)

ThyssenKrupp to Exit Civilian Shipbuilding

According to a Sept. 14 Bloomber report, ThyssenKrupp AG, Germany’s largest steelmaker, wants to dispose of parts of its unprofitable, non- military shipbuilding units, Financial Times Deutschland reported, citing unidentified people at the company. (Source: Bloomberg)