Essen, Germany, Nov 19 (Reuters) - German Sta

Breakings · Nov 19 17:00

Essen, Germany, Nov 19 (Reuters) - German State-Lender Kfw Kfw.ul Is Currently Carrying Out a Main Review of Whether to Take a Stake in Thyssenkrupp's Warship Division, the Conglomerate's CEO Miguel Lopez Said on Tuesday.

Thyssenkrupp Is Targeting a Spin-off of the Division, Which Builds Submarines and Frigates, After Possible Suitor Carlyle Cg.o Stepped Back Last Month, With a Potential Government Participation via Kfw Seen as One of the Options.

(Reporting by Christoph Steitz, Editing by Rachel More)

((Christoph.steitz@Thomsonreuters.com; +49 30 220 133 647;))

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