Thyssenkrupp: state-lender KfW in main review of Marine Systems stake

Reuters11-19

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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