Thyssenkrupp Naval-Defense Spinoff's Shares Jump in Market Debut

Dow Jones

2025/10/20

By Aimee Look

Shares in Thyssenkrupp's naval-defense business TKMS surged shortly after they started trading on the Frankfurt Stock Exchange at a valuation of around $4.4 billion.

TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of about 3.81 billion euros ($4.44 billion), based on share-count data provided by Deutsche Boerse. Shares quickly jumped above that level, rising as high as 83.99 euros in early exchanges in Europe.

Neither Thyssenkrupp nor TKMS had previously set out an expected valuation for the business, but analysts at Citi had estimated it could be valued at about 3.4 billion euros.

Shares in Thyssenkrupp, which previously said it would retain a 51% stake in TKMS, dropped 23% compared with Friday's close, when it still had full ownership in TKMS.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

October 20, 2025 03:43 ET (07:43 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2576836801"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2576836801\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2576836801?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-20 15:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2576836801","market":"hk","top_or_hot":-1,"title":"Thyssenkrupp Naval-Defense Spinoff's Shares Jump in Market Debut","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Aimee Look \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares in Thyssenkrupp's naval-defense business TKMS surged shortly after they started trading on the Frankfurt Stock Exchange at a valuation of around $4.4 billion. \n</p>\n<p>\n  TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of about 3.81 billion euros ($4.44 billion), based on share-count data provided by Deutsche Boerse. Shares quickly jumped above that level, rising as high as 83.99 euros in early exchanges in Europe. \n</p>\n<p>\n  Neither Thyssenkrupp nor TKMS had previously set out an expected valuation for the business, but analysts at Citi had estimated it could be valued at about 3.4 billion euros. \n</p>\n<p>\n  Shares in Thyssenkrupp, which previously said it would retain a 51% stake in TKMS, dropped 23% compared with Friday's close, when it still had full ownership in TKMS. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Aimee Look at aimee.look@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 20, 2025 03:43 ET (07:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thyssenkrupp Naval-Defense Spinoff's Shares Jump in Market Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThyssenkrupp Naval-Defense Spinoff's Shares Jump in Market Debut\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-10-20 15:43</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Aimee Look \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares in Thyssenkrupp's naval-defense business TKMS surged shortly after they started trading on the Frankfurt Stock Exchange at a valuation of around $4.4 billion. \n</p>\n<p>\n  TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of about 3.81 billion euros ($4.44 billion), based on share-count data provided by Deutsche Boerse. Shares quickly jumped above that level, rising as high as 83.99 euros in early exchanges in Europe. \n</p>\n<p>\n  Neither Thyssenkrupp nor TKMS had previously set out an expected valuation for the business, but analysts at Citi had estimated it could be valued at about 3.4 billion euros. \n</p>\n<p>\n  Shares in Thyssenkrupp, which previously said it would retain a 51% stake in TKMS, dropped 23% compared with Friday's close, when it still had full ownership in TKMS. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Aimee Look at aimee.look@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 20, 2025 03:43 ET (07:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"鋼鐵","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2576836801","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576836801","pubTimestamp":1760946180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in Thyssenkrupp's naval-defense business TKMS surged shortly after they started trading on the Frankfurt Stock Exchange at a valuation of around $4.4 billion.TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of about 3.81 billion euros , based on share-count data provided by Deutsche Boerse. Shares quickly jumped above that level, rising as high as 83.99 euros in early exchanges in Europe.Neither Thyssenkrupp nor TKMS had previously set out an expected valuation for the business, but analysts at Citi had estimated it could be valued at about 3.4 billion euros.Shares in Thyssenkrupp, which previously said it would retain a 51% stake in TKMS, dropped 23% compared with Friday's close, when it still had full ownership in TKMS.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4006":"钢铁","TKAMY":"ThyssenKrupp AG"},"translate_title":"蒂森克虏伯海军国防分拆公司股价首次上市上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TKAMY":0.9},"content_text":"By Aimee Look \n\n\n \n\n\n  Shares in Thyssenkrupp's naval-defense business TKMS surged shortly after they started trading on the Frankfurt Stock Exchange at a valuation of around $4.4 billion. \n\n\n  TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of about 3.81 billion euros ($4.44 billion), based on share-count data provided by Deutsche Boerse. Shares quickly jumped above that level, rising as high as 83.99 euros in early exchanges in Europe. \n\n\n  Neither Thyssenkrupp nor TKMS had previously set out an expected valuation for the business, but analysts at Citi had estimated it could be valued at about 3.4 billion euros. \n\n\n  Shares in Thyssenkrupp, which previously said it would retain a 51% stake in TKMS, dropped 23% compared with Friday's close, when it still had full ownership in TKMS. \n\n\n \n\n\n  Write to Aimee Look at aimee.look@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 20, 2025 03:43 ET (07:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}