Carlyle Group has officially withdrawn its bid for Thyssenkrupp's defense unit, primarily due to indecision from German authorities regarding private equity involvement in the naval vessel maker. The investment firm faced significant delays, which ultimately influenced its decision to step back from the acquisition. This move highlights the challenges that foreign investors encounter when navigating regulatory environments in Germany, particularly in sensitive sectors such as defense.
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#Carlyle Withdraws Bid for Thyssenkrupp’s Defense Unit Investment firm Carlyle has withdrawn its bid for Thyssenkrupp’s defense unit, citing delays and indecision from German authorities as key factors. The decision underscores the complexities foreign investors face when…
Carlyle drops bid for Thyssenkrupp defence unit over Berlin indecision US firm faced government reluctance over private equity involvement in German naval vessel maker via @laurapitel @patricianilsson @alexandraheal @FT #PrivateEquity https://t.co/8AYZrG9jb9