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December 17, 2024
A spokesperson for Thyssenkrupp said that a spinoff was the best option to divest its defence business. This came after a German paper reported on Tuesday that several bidders had submitted offers for the unit. Carlyle, the German state lender…
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December 17, 2024
Fincantieri, an Italian company, and Sparkle, a unit of Telecom Italia that deals with submarine cables and surveillance systems for telecommunications cable networks in the oceans have agreed on developing solutions to monitor and protect these cables.
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November 6, 2024
A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…
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October 29, 2024
Thyssenkrupp's CFO confirmed that the company is working to spin off its warship division, after Carlyle pulled out of a bid last week. The group has set a realistic date for such a move, 2026, as an example. A spin-off within the next calendar year is ambitious, in my opinion.
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October 22, 2024
, the German company stated on Tuesday. Czech billionaire Daniel Kretinsky. Thyssenkrupp stated in a reaction to emailed concerns. Thyssenkrupp shares fell as much as 3.7% on the news. partnerships. Carlyle decreased to comment. decreased to offer more details. billion euros ($ 1.73 billion).
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October 22, 2024
said on Tuesday. Thyssenkrupp stated in a response to emailed concerns. constructs submarines and frigates. Carlyle decreased to comment. group's continuous restructuring, which also includes prepare for a. 50:50 steel joint venture with Czech billionaire Daniel. Kretinsky.
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October 15, 2024
Australia announced on Wednesday that it will invest billions of dollar over the next 20 years to expand a Western Australia shipyard, which would be the maintenance hub for the nuclear-powered AUKUS sub fleet. Defence Minister Richard Marles…
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September 25, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Keir starmer will travel to Brussels next week, where he will meet Ursula von der Leyen of the European Commission…
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September 11, 2024
Members of the Budget Committee told the German lower house and Lower Saxony's state parliament on Wednesday that they had approved the rescue of Meyer Werft - one of the largest cruise ship builders in the world. The shipbuilder has a financing gap of almost 2.8 billion euros ($3.1 billion)…
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August 27, 2024
Two sources with knowledge of the situation said on Tuesday that the German government and the state of Lower Saxony will likely acquire around 80% of Meyer Werft in order to secure the company's future as one of the largest cruise shipbuilders in the world.
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August 22, 2024
Sources familiar with the situation said on Thursday that the German government intends to buy a majority stake in Meyer Werft - one of the top cruise ship builders in the world - as part of its support for the company. Sources said that Chancellor Olaf Scholz…
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July 23, 2024
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch their accuracy. LVMH, the luxury goods conglomerate, and its billionaire founder bought a stake of Bicester Village as…
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July 23, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Overview - On Thursday, the Bank of England announced that it was experiencing a temporary outage of its CHAPS interbank payments system.
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July 2, 2024
Federico Olivieri (29), a farm worker who had worked informally for years, was shocked to see a large building site next to his Sicilian home, with the training offered for the many specialised jobs needed. The Webuild programme is one of many 'academies…
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July 2, 2024
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Revolut's profits reached record levels last year, thanks to higher interest rates.
