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2020-05-12

Thyssenkrupp in informal talks on consolidation of warship units

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Thyssenkrupp is in informal shipbuilding consolidation talks, its finance chief said on Tuesday, responding to speculation that the group could sell or merge parts of its Marine Systems (TKMS) unit with rivals from German Naval Yards and Luerssen.

Klaus Keysberg told analysts that Thyssenkrupp Marine Systems was always open to talks but declined to provide further information on the state of the talks.

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