Eying A Whopping $16B Indian & Australian Naval Deals, Struggling German Firm Thyssenkrupp Plans A Major Overhaul

Thyssenkrupp said on Monday it has planned a major overhaul to split the vast conglomerate into several standalone businesses, fuelling fears about further job losses and a looming break-up of the historic German industrial titan. The German firm is competing for a nearly $16B combined deal from India and Australia. While Australia is looking to acquire … Continue reading Eying A Whopping $16B Indian & Australian Naval Deals, Struggling German Firm Thyssenkrupp Plans A Major Overhaul