Investing.com -- The German government is not currently participating in discussions to acquire a stake in Thyssenkrupp (ETR: TKAG )’s (ETR:TKMS) defense division TKMS, according to a Wednesday report from business daily Handelsblatt.
The report, which cited government sources, stated that the chancellery and relevant ministries have agreed not to pursue state involvement in the defense unit at this time.
Thyssenkrupp TKMS is the marine systems division of the German industrial conglomerate.
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