09:22 AM EDT, 08/14/2024 (MT Newswires) -- (Updates with details provided by a Thyssenkrupp spokesperson.)

Carlyle Group ( CG ) , alongside German state lender KfW, continues to be in "good talks" regarding the purchase of a majority stake in Thyssenkrupp's warship division, Thyssenkrupp's chief financial officer, Jens Schulte, said in an earnings call Wednesday.

"We are also continuing to work on options in the marine business and are in good talks with our private equity partner and the state," Schulte said in the call, a Thyssenkrupp spokesperson told MT Newswires.

Thyssenkrupp said in March that it had entered due diligence phase with Carlyle on the planned separation of Thyssenkrupp Marine Systems and was also in talks with the German government on the state's possible participation in the business.

Carlyle and KfW did not immediately respond to MT Newswires' requests for comment.

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