Core Points - TKMS is set to begin trading on the German stock exchange on October 20, marking the completion of the spinoff of a minority stake in the company [1] Company Summary - The spinoff involves a minority stake of TKMS, indicating a strategic move to enhance shareholder value and potentially attract new investors [1] Industry Summary - The trading debut on the German stock exchange reflects ongoing trends in the industry towards spinoffs and public offerings, which can provide companies with greater financial flexibility and market presence [1]

Core Viewpoint - Rheinmetall's share price has recently declined as investors reassess the implications of the buyout of NVL, a leading warship company [1] Company Summary - Rheinmetall's share price was trading at €1,905, which is slightly below its year-to-date high [1]