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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Thyssenkrupp AG | TG:TKA | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.039 | 0.84% | 4.669 | 4.602 | 4.669 | 4.676 | 4.619 | 4.675 | 8,209 | 07:29:26 |
By Neetha Mahadevan
German defence technology company Rheinmetall AG is close to finalizing a takeover of ThyssenKrupp AG's (TKA.XE) Marine Systems business, German newspaper Wirtschafts Woche reported in a pre-release of an article to be published on Monday, citing sources.
The two parties still have to agree on the price for the business, the report said. "Currently, the parties are only about EUR100 million [$126.7 million] apart," a source close to the matter was quoted as saying.
Spokesmen of Rheinmetall and ThyssenKrupp declined to comment on the report.
ThyssenKrupp's marine business, which makes naval vessels, surface ships and submarines, reported revenue of EUR1.3 billion last year.
Write to Neetha Mahadevan at Neetha.Mahadevan@wsj.com
Newspaper website: www.wiwo.de/
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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