Berlin secures influence at warship builder TKMS as part of planned spin-off
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
0mins
Source: Reuters
Preliminary Agreement with Thyssenkrupp: Berlin has reached a preliminary agreement to secure influence over Thyssenkrupp's defence division, TKMS, which is set to spin off 49% of its shares later this year.
Government Rights and Oversight: The agreement grants the German government approval rights for significant stake sales in TKMS and allows it to nominate a member to the supervisory board, emphasizing a balance between economic independence and security policy reliability.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
