FRANKFURT: Germany's ThyssenKrupp said it was considering whether to exercise its right of first refusal to buy out Airbus's stake in submarine supplier Atlas Elektronik.
Airbus Group unveiled plans to sell half a dozen business units with combined revenues of around 2 billion euros ($2.6 billion), including its 49 percent stake in Atlas, as it refocuses its Defence and Space division.
"As co-owner of Atlas Elektronik, we have noted the decision of the Airbus Group to sell its stake in Atlas. ThyssenKrupp has a right of first refusal and will now examine all options," a spokesman said in an emailed statement.
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