DUESSELDORF, Germany, April 30 (Reuters) - Germany's IG
Metall union on Tuesday said it had preliminary talks with
Carlyle on the investment firm taking a majority stake in
Thyssenkrupp Marine Systems and agreed to push for an
agreement as quickly as possible.
In a newsletter seen by Reuters, the union however insisted
that a stake sale to private equity investors could only happen
if the state stepped in as well to secure the conglomerate's
naval shipbuilding activities.
The economy ministry was not immediately available for
comment.
"A first round of negotiations in a small group is scheduled
for the beginning of May," IG Metall said, adding that Carlyle
was carrying out due diligence about taking a majority stake.
Thyssenkrupp said last month it was considering selling
a stake in its Marine Systems unit. Carlyle had confirmed its
involvement in the talks but declined to elaborate.
Thyssenkrupp is aiming to sell a stake of around 25% in
the unit mainly due to the burden of providing billions of euros
of guarantees to clients.
"...a sale to private equity investors can only happen
if the state assumes its responsibility and steps in to secure
naval shipbuilding as a key technology in the long term," the
union said.
"There is currently broad political support for this."