The World from Berlin ThyssenKrupp 'Had No Choice' but to Sell Shipyards to Arab Investors

A lack of orders had almost sunk the shipbuilding subsidiaries of German steelmaking giant ThyssenKrupp. Now, an investor from Abu Dhabi is buying a large chunk of the operation. German commentators praise the move, but note how the financial crisis has forced Germany to be less picky about foreign investors.
Will ThyssenKrupp's partial sale of some of its shipbuilding subsidiaries breathe new life into them or spell their end?

Will ThyssenKrupp's partial sale of some of its shipbuilding subsidiaries breathe new life into them or spell their end?

Foto: ddp
-- Josh Ward